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-   -   Entrepeneur Residence Catagory Visa anyone? (https://britishexpats.com/forum/new-zealand-83/entrepeneur-residence-catagory-visa-anyone-908706/)

Damson Feb 2nd 2018 9:16 am

Entrepeneur Residence Catagory Visa anyone?
 
Just wondering if anyone has set up a business in NZ and how easy was it compared to the UK. We've had our own business for 20 years so are well versed in the trials and tribulations of such a venture, but just wondered if anyone can give an insight on how they found this route. Cheers

BEVS Feb 9th 2018 1:44 am

Re: Entrepeneur Residence Catagory Visa anyone?
 

Originally Posted by Damson (Post 12433038)
Just wondering if anyone has set up a business in NZ and how easy was it compared to the UK. We've had our own business for 20 years so are well versed in the trials and tribulations of such a venture, but just wondered if anyone can give an insight on how they found this route. Cheers

I do not know about currently but in years past it was often stated it was not for the faint hearted.

MrsFychan Feb 9th 2018 6:29 am

Re: Entrepeneur Residence Catagory Visa anyone?
 
not personally but think you have to provide a detailed business plan, have $100,000 minimum to invest, gain at least 120 points.
this could lead to a 12month start up visa with 24 months visa after that, so no a permanent visa.

Stuck in Auckland Feb 9th 2018 7:24 am

Re: Entrepeneur Residence Catagory Visa anyone?
 

Originally Posted by Damson (Post 12433038)
Just wondering if anyone has set up a business in NZ and how easy was it compared to the UK. We've had our own business for 20 years so are well versed in the trials and tribulations of such a venture, but just wondered if anyone can give an insight on how they found this route. Cheers

For visa purposes or compliance / sustainability purposes?

janiejones Feb 9th 2018 8:13 am

Re: Entrepeneur Residence Catagory Visa anyone?
 
The business plan needs to be realistic and achievable as well, this couple didn't meet the business growth targets they forecast: https://www.stuff.co.nz/dominion-pos...esidency-fight

Bo-Jangles Feb 9th 2018 8:40 pm

Re: Entrepeneur Residence Catagory Visa anyone?
 

Originally Posted by janiejones (Post 12438256)
The business plan needs to be realistic and achievable as well, this couple didn't meet the business growth targets they forecast: https://www.stuff.co.nz/dominion-pos...esidency-fight

It's not like there aren't enough cafes, food trucks, takeaway places and fast food franchises already. I'm pretty sure the cafe quota must be well over subscribed and we're no longer in desperate need of anymore cafe owners to provide us with more lattes, muffins and scones. :rofl:

Stuck in Auckland Feb 9th 2018 8:43 pm

Re: Entrepeneur Residence Catagory Visa anyone?
 

Originally Posted by Bo-Jangles (Post 12438726)
It's not like there aren't enough cafes, food trucks, takeaway places and fast food franchises already. I'm pretty sure the cafe quota must be well over subscribed and we're no longer in desperate need of anymore cafe owners to provide us with more lattes, muffins and scones. :rofl:

great versus ordinary it could be argued.


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