1. What is a New Zealand Global Impact Resident Visa?
A New Zealand Global Impact Resident Visa is a type of visa that allows individuals to live and work in New Zealand for up to three years. This visa is specifically designed for entrepreneurs and investors who have innovative business ideas or are involved in high-impact investments that will contribute significantly to New Zealand’s economy, society, or environment. The goal of this visa is to attract talented and entrepreneurial individuals who can make a positive impact on the country and its people.
2. Who is eligible for a New Zealand Global Impact Resident Visa?
To be eligible for a New Zealand Global Impact Resident Visa, you must meet the following requirements:
– Be between 18 and 55 years old
– Have a minimum of 3 years’ business experience
– Have a minimum annual income of NZD $85,000 per person (or NZD $120,000 if bringing a partner)
– Provide proof of at least NZD $1 million in venture capital funding or NZD $750,000 angel investor funds within the last two years
– Own at least 25% shareholding in your proposed business venture
– Demonstrate that your business idea has the potential for significant economic benefit to New Zealand
– Meet health and character requirements
3. How do I apply for a New Zealand Global Impact Resident Visa?
To apply for a New Zealand Global Impact Resident Visa, you must first submit an Expression of Interest (EOI) through the Immigration New Zealand website. Your EOI will be assessed based on several factors such as age, business experience, qualifications, investment funds available, etc.
If your EOI is selected from the pool of applicants, you will receive an Invitation to Apply (ITA) from Immigration New Zealand. You will then have four months to submit all required documents and complete the application process.
4. What are the benefits of holding a New Zealand Global Impact Resident Visa?
Holding a New Zealand Global Impact Resident Visa allows you to:
– Live and work in New Zealand for up to three years
– Bring your partner and dependent children with you
– Start or invest in a business venture that aligns with New Zealand’s economic, societal, or environmental goals
– Gain access to quality education and healthcare systems
– Apply for permanent residency after meeting certain conditions
– Travel in and out of New Zealand multiple times during the validity of your visa
5. Can I extend my New Zealand Global Impact Resident Visa?
Yes, you can apply for an extension of your New Zealand Global Impact Resident Visa. You must demonstrate that you have significantly contributed to New Zealand’s economy, society, or environment during your initial three-year visa period. You will also need to meet the health and character requirements again. Generally, the extension will be granted for up to two years.
6. Can I include family members on my New Zealand Global Impact Resident Visa application?
Yes, you can include your partner and dependent children (under 20 years old) on your application for a New Zealand Global Impact Resident Visa. However, they must meet all eligibility criteria and provide evidence of their relationship with you.
7. What are the investment requirements for a New Zealand Global Impact Resident Visa?
To be eligible for a New Zealand Global Impact Resident Visa, you must have at least NZD $1 million in venture capital funding or NZD $750,000 in angel investor funds within the last two years. Your proposed business venture should also have significant potential for economic growth and contribute positively to New Zealand’s economy, society or environment.
8. Can I bring my employees to work in my business venture on a New Zealand Global Impact Resident Visa?
Yes, once your visa is approved, you can bring skilled employees from outside of New Zeala
2. Who is eligible for a Global Impact Resident Visa?
The eligibility criteria for a Global Impact Resident Visa may vary depending on the country in which it is offered. Generally, those who have a proven track record of success in business and/or significant financial resources are more likely to be eligible for this type of visa. In some cases, applicants may also need to have a specific business or investment plan that will positively impact the economy and job market of the country they wish to move to. Additionally, applicants may need to meet certain age, education, language proficiency, and health requirements. It is best to check with the specific country’s embassy or immigration department for exact eligibility criteria.
3. What are the benefits of holding a Global Impact Resident Visa?
Some potential benefits of holding a Global Impact Resident Visa (GIRV) include:
1. Work and travel privileges: With a GIRV, you can live and work in New Zealand for up to three years. You can also enter and exit the country freely during this time.
2. Pathway to permanent residence: After living in New Zealand for at least two years on a GIRV, you may be eligible to apply for a Permanent Resident Visa.
3. Access to government services: As a resident visa holder, you will have access to public healthcare, education, and other government services.
4. Opportunities for personal growth: Living in New Zealand can offer valuable opportunities for personal growth, such as experiencing a different culture and way of life.
5. Networking opportunities: The Global Impact Programme aims to connect entrepreneurs with potential investors, partners, and suppliers in New Zealand, providing valuable networking opportunities.
6. Support for your business or innovations: The GIRV is specifically designed to support global entrepreneurs who are developing innovative businesses or products that have the potential to make a positive impact on New Zealand’s economy and society.
7. International recognition: Becoming part of the Global Impact Programme can give your business or product international recognition and credibility.
8. Quality of life: New Zealand consistently ranks highly in surveys measuring quality of life, offering natural beauty, safety, and a good work-life balance.
4. How long is the application process for a Global Impact Resident Visa?
The application process for a Global Impact Resident Visa can take anywhere from 6-12 months, depending on your individual circumstances and the workload of the immigration authorities. It typically involves thorough background checks, evaluations of your impact plan and supporting documents, and interviews with relevant government officials.
5. Can I apply for a New Zealand business visa without already having a job offer or business opportunity in the country?
Yes, you can apply for a New Zealand business visa without having a job offer or business opportunity in the country. However, you will need to demonstrate that you have a viable and genuine business plan that has the potential to benefit New Zealand’s economy. You may also need to provide evidence of your skills, experience, and financial resources to establish and run a successful business in New Zealand.
6. Can I bring my family with me under the Global Impact Resident Visa category?
Yes, you can bring your family with you under the Global Impact Resident Visa category. The visa allows for dependent children and spouses to accompany the primary applicant to New Zealand. However, each family member will need to apply for their own visas and meet the necessary eligibility criteria.
7. Is there a minimum investment requirement for the Global Impact Resident Visa?
Yes, there is a minimum investment requirement of NZ$3 million for the Global Impact Resident Visa. This investment can be made in either philanthropic or for-profit ventures that have a positive impact on New Zealand’s economy, society, and environment.
8. Do I need to have previous business experience to be eligible for this visa category?
It is not required to have previous business experience in order to be eligible for a business visa in most cases. However, having relevant experience or education may strengthen your application and increase your chances of being approved. Each country has its own specific requirements for business visas, so it is important to research the requirements of the country you are applying to in order to determine if previous experience is necessary. In some cases, the purpose of the business visit and your proposed activities may also play a role in whether or not prior business experience is required.
9. Am I allowed to work in any industry with this visa or is it limited to specific sectors?
The H-1B visa is typically granted for employment in specialty occupations, which generally require a bachelor’s degree or higher in a specific field of study. This includes industries such as technology, finance, business, engineering, and healthcare. The H-1B visa may also be used for fashion models or those with distinguished merit or ability in the arts or sciences. It cannot be used for self-employment or to start your own business.
10. Can I switch from another New Zealand visa category to the Global Impact Resident Visa category?
Yes, it is possible to switch from another New Zealand visa category to the Global Impact Resident Visa category. However, you will need to meet all the eligibility criteria and provide the required documentation for the Global Impact Resident Visa. You may also need to meet certain health and character requirements as well as demonstrate that you have a genuine interest in making a positive impact in New Zealand. It is recommended to consult with an immigration advisor for advice on your specific situation.
11. Will I be able to travel in and out of New Zealand freely with this visa?
Yes, with a valid New Zealand visa, you will be able to travel in and out of New Zealand freely during the duration of your visa. You will need to comply with any conditions attached to your visa, such as remaining within the country for a certain length of time or working only for a specific employer. It is important to check your visa conditions carefully before making any travel plans.
12. Are there any language requirements for this visa category?
Yes, applicants must be able to communicate in English or French at a basic level to be eligible for the Working Holiday visa. This may involve providing proof of language proficiency through tests such as IELTS or TEF, or demonstrating previous education or work experience in an English- or French-speaking country.
13. Is there an age limit for applicants of the Global Impact Resident Visa?
Yes, applicants must be 18 years of age or older to apply for the Global Impact Resident Visa.
14. Do I need to demonstrate proof of funds when applying for this visa?
Yes, you will likely need to demonstrate proof of funds when applying for this visa. This may include bank statements, investment accounts, or other financial documents showing that you have enough money to support yourself during your stay in the country. The specific amount required may vary depending on the country and its immigration policies. It is important to check with the specific embassy or consulate where you are applying for more information on their proof of funds requirements.
15. What documentation do I need to provide as part of my application?
The documentation you need to provide as part of your application will depend on the specific requirements of the program or organization you are applying to. Some common types of documentation that may be required include:
1. Personal information: This may include your full legal name, date of birth, contact information, and proof of identity such as a copy of your passport or driver’s license.
2. Academic records: You may need to provide transcripts or diplomas from previous schools or universities you have attended.
3. Test scores: If you are required to take standardized tests for your application, such as the SAT or GRE, you will need to submit your official scores.
4. Letters of recommendation: Many programs will require at least one letter of recommendation from a teacher, professor, or employer who can speak to your abilities and character.
5. Statement of purpose/personal statement: Some applications may require you to write an essay explaining why you are interested in the program and how it aligns with your goals and interests.
6. Resume/CV: For job applications, you may need to provide a resume detailing your work experience, skills, and education.
7. Writing samples: If you are applying for a writing-focused program or position, you will likely be asked to submit writing samples that demonstrate your abilities.
8. Portfolio: If you are applying for a creative field such as art or design, you may need to provide a portfolio showcasing your work.
It is important to carefully review the application instructions and make sure you provide all necessary documentation before submitting your application. If you have any questions about what is required, reach out to the program or organization for clarification.
16. Is it mandatory to have health insurance coverage during my stay in New Zealand on this visa?
Yes, it is mandatory to have health insurance coverage during your stay in New Zealand on this visa. This is a requirement set by the immigration authorities to ensure that you have access to necessary medical treatment and services while in the country. 17. How long can I stay in New Zealand on a Global Impact Resident Visa?
The Global Impact Resident Visa allows you to stay in New Zealand for a maximum of 2 years. After this initial period, you may be able to apply for permanent residence if you have met the visa requirements and can demonstrate your continued commitment to the program.18. Can I bring my family with me on a Global Impact Resident Visa?
Yes, you may include your partner and dependent children aged under 24 years in your application. They will also be granted a Global Impact Resident Visa, with the same duration as yours.
19. Can I work or study while on a Global Impact Resident Visa?
Yes, you are allowed to work and study in New Zealand while on a Global Impact Resident Visa.
20. Can I extend my Global Impact Resident Visa?
No, the Global Impact Resident Visa cannot be extended. If you wish to continue living and working in New Zealand after the 2-year period, you will need to apply for another visa that best suits your circumstances at that time.
21. How long does it take to process a Global Impact Resident Visa application?
The processing time for a Global Impact Resident Visa can vary depending on individual circumstances and current changes in immigration policies. However, it generally takes around 6-9 months from the date of submission.
18 . Can I include dependents, such as spouse and children, in my application?
Yes, you can include your spouse and children as your dependents in your application. However, you will need to provide proof of their relationship to you and they must also meet the eligibility requirements for the Visa or program you are applying for. If they are approved, they will receive dependent visas or permission to join you in the respective country.
19 . Will I be able to apply for permanent residency after holding a Global Impact Resident Visa?
Yes, the Global Impact Resident Visa allows you to live and work in New Zealand for up to three years. If you meet the requirements, you can apply for permanent residency after two years of living and working in New Zealand on this visa. However, to be eligible for permanent residency, you must continue to meet the criteria of your Global Impact Resident Visa and show a commitment to contributing to New Zealand’s economic development or international reputation. This includes being self-employed or employed in a role that aligns with the intent of your visa, actively participating in the community, and complying with immigration laws.
It is important to note that there is no guarantee that every Global Impact Resident Visa holder will be granted permanent residency. The decision is based on individual circumstances and whether you have met all the eligibility criteria at the time of application.
20 . Are there any restrictions on starting and running businesses while on this visa?
As a tourist visa, there are limitations on what activities can be carried out while in the United States on a B-1/B-2 visa. This includes starting and running a business. As a general rule, engaging in gainful employment is not allowed while on a B-1/B-2 visa.
However, there may be some exceptions to this rule. If the purpose of your trip is related to conducting business activities such as attending meetings, negotiating contracts, or exploring potential business opportunities, you may be allowed to engage in these activities while on a B-1/B-2 visa.
If your intention is to start and run a specific business in the United States, it is recommended that you apply for a different type of visa that allows for this type of activity, such as an E-2 investor visa or an L-1 intracompany transfer visa.
It is important to note that even if you are able to engage in certain business activities while on a B-1/B-2 visa, you are not permitted to work or receive any form of payment from a U.S. employer. You must also maintain your non-immigrant intent and demonstrate that you do not intend to immigrate to the United States permanently through your entrepreneurial activities.
Before starting any business-related activities while on a B-1/B-2 visa, it is recommended that you consult with an immigration attorney for guidance and clarification on what is permissible. Violating the terms of your B-1/B-2 status can result in serious consequences and may hinder future attempts at obtaining visas or entering the United States.