New Zealand Business Investor Work Visa
At a glance
New Zealand's Business Investor route is for an experienced owner or senior manager who will buy into and actively run an established New Zealand business. It requires at least NZD 1 million for the standard route or NZD 2 million for the fast track, plus at least NZD 500,000 in reserve funds.
- Type
- Business residence
- Business fit
- Experienced owners or senior managers who will buy into and actively run an established New Zealand business
- Core requirements
- NZD 1 million for the standard route or NZD 2 million for the fast track, plus NZD 500,000 in reserve funds
- What to know
- This is a hands-on operating route, not a passive investment; business, job, presence, and experience rules apply
- Duration
- Business Investor work status can run up to 4 years.
- Renewal / path
- Can lead to residence if the investment and business milestones are met.
Summary
The Business Investor Work Visa is a work-to-residence route for an experienced owner or senior manager who will buy into and actively run an established New Zealand business. It opened in November 2025 and replaced the closed Entrepreneur Work Visa as New Zealand's main route for new business-operator applicants.
There are two investment levels: at least NZD 1 million for the standard residence pathway, or at least NZD 2 million for the faster pathway. In both cases, the applicant also needs at least NZD 500,000 in reserve funds.
Eligibility
The principal applicant must be 55 or younger and have at least 3 years of acceptable paid business experience. That experience can be self-employment in a commercial business, charity, or non-governmental organization with at least 5 full-time employees or NZD 1 million annual revenue. Alternatively, senior-management experience can qualify where the applicant directly managed at least 5 full-time staff in an organization with at least NZD 5 million turnover.
The nominated business must normally:
- have traded for at least 5 years and be operating lawfully in New Zealand;
- employ at least 5 full-time-equivalent staff;
- have a qualifying purchase price of at least NZD 1 million, excluding GST and property value; and
- leave the applicant with at least 25% ownership.
The applicant must intend to run the business actively and create at least one additional ongoing full-time job for a New Zealand citizen or resident. Investment funds must be owned and lawfully acquired. The applicant must speak and understand English, be fit and proper, and meet health, character, and any occupational-registration requirements.
What This Route Allows
The work visa can last up to 4 years. Its first 12 months are an establishment stage; evidence that the business was purchased and operation began must normally be supplied within 9 months. One renewal of up to 2 years may be available if more time is needed to meet the resident-visa rules.
Residence may be available after actively operating the approved business for:
- 3 years with at least NZD 1 million invested; or
- 12 months with at least NZD 2 million invested.
The fast-track resident visa remains conditional until the business has been operated for at least 3 years in total. Residence also requires the business to remain solvent and compliant, retain at least 5 full-time-equivalent staff, maintain the additional job for at least 12 months, preserve the approved ownership, and normally show 184 days in New Zealand for each relevant year.
The work and resident applications can include a partner and dependent children. The resident visa permits indefinite work and study; permanent residence is a later step after the resident conditions and time requirements are met.
What This Route Is Not
This is not passive investment, a start-up-idea visa, or permission to count the business's land, GST, professional fees, or transaction costs toward the investment floor. Certain businesses and arrangements are excluded, and due diligence does not guarantee immigration approval.
It is also not the Active Investor Plus Visa, which has higher investment thresholds and does not require day-to-day operation of one purchased business.
Next Steps
- Verify the applicant's 3-year business-experience record against INZ's exact definitions.
- Identify a qualifying business and complete independent legal, tax, financial, employment, and immigration due diligence.
- Separate the qualifying purchase investment from the NZD 500,000 reserve and trace the lawful source and ownership of both.
- Build a plan for active management, 184-day presence, maintaining 5 staff, and creating one additional ongoing role.
- Apply for the work visa, then calendar the 9-month purchase evidence and every operating and residence milestone.