Nomad Watch
NZ

New Zealand Business Investor Work Visa

Active Worldwide

New Zealand · Entrepreneur · apply mail

Minimum investment $580,000 2 investment options
Stay 48 → 72 months, renewable
Application fee $7,400
Tax Worldwide NZ progressive tax (10.5-39%)

Path to staying

  1. Residence permit48 months
  2. Renew24 months at a time
  3. Permanent residencyafter 3 years
  4. Citizenshipafter 6 years
  • Permanent residency 3 years
  • Citizenship 6 years
  • Dual citizenship allowed
  • Language required for citizenship basic conversation

Overview

Country
New Zealand
Program
New Zealand Business Investor Work Visa
Type
Entrepreneur
Status
Active
Initial duration
48 months
Max duration
72 months
Renewable
Yes (24 mo)
Min stay
184 days per 12 months

Work visa for people aged 55 or under who buy at least 25% of an established New Zealand business and run it. NZD 1 million leads to a resident visa after 3 years. NZD 2 million leads to a resident visa after 12 months, with conditions through 3 years.

Investment options

Investment options
Type Tier / zone Min amount USD equivalent Holding Returnable Required
Business Standard (3-year) NZD 1,000,000 $580,000 3 yr Yes Optional
Business Fast-Track (12-month) NZD 2,000,000 $1,160,000 1 yr Yes Optional
Standard (3-year): New Zealand. Fast-Track (12-month): New Zealand.

Financial requirements

Savings required
$290,000
Application fee
$7,400

Eligibility

  • Criminal record check required
  • Health check required
  • Health insurance not required

Work rights

  • Employment not allowed
  • Self-employment allowed
  • Own a business allowed
  • Work permit included

Family and dependents

Dependents allowed
Yes
Spouse included
Yes
Max child age
24
Parents allowed
No

Benefits and mobility

  • Bank account can open
  • Property purchase not allowed
  • Public healthcare access granted
  • Must be primary residence required

Tax

Tax regime
Worldwide
Regime name
NZ progressive tax (10.5-39%)
Foreign income taxed
Yes
Capital gains taxed
No

How to apply

Method
mail
Apply from abroad
Yes

Notes

The visa is open and lasts up to 4 years: a 12-month establishment stage, then an operating stage. One renewal of up to 2 years is available. Reserve funds are NZD 500,000 on top of the purchase. The applicant needs 3 years of business experience and English at IELTS 5.0 or an equivalent test, or through specified citizenship and study. The principal must stay self-employed in the business type on the visa. A partner can receive an open work visa. The business must keep 5 full-time jobs and the buyer must create 1 new full-time job for a New Zealand citizen or resident, held for at least 12 months. Presence is at least 184 days a year. The fee is NZD 12,380, about USD 7,400. The resident visa costs from NZD 14,890. A Permanent Resident Visa is available 2 years after the resident visa if conditions are met, so the fast-track minimum is 3 years and the standard pathway is 5. Citizenship is 5 years as a resident after that visa, so 6 years on the fast track and 8 on the standard pathway, and only with the ordinary presence test. The paper form INZ 1394 is posted or couriered to Immigration New Zealand in Manukau. A New Zealand lawyer and a statutory accountant must complete due diligence. An immigration adviser is optional.

Also in New Zealand

New Zealand also offers a digital nomad visa for remote workers

Last verified Oct 9, 2026 Last changed Oct 10, 2026 Source

Change history

    • Official page https://www.immigration.govt.nz/about-us/news-centre/new-business-investor-work-visa-is-no… https://www.immigration.govt.nz/visas/business-investor-work-visa/
    • Years to permanent residency 1 3
    • Years to citizenship 5 6
    • Investment options updated

    citizenship language set to a basic conversation. Unpublished processing times removed (https://www.govt.nz/assets/Documents/Passports-citizenship-and-identity/Application-for-NZ-citizenship-adult.pdf).

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