New Business Investor Visa To Boost Investment And Support Business Succession

A new Business Investor Visa will encourage more foreign direct investment and give New Zealand business owners greater succession options, says BusinessNZ Chief Executive Katherine Rich.

"This is a positive step in the Government’s programme to support foreign investment and attract international expertise, and will help ensure greater business continuity, giving owners more choices for succession planning."

Mrs Rich welcomed the shift away from the previous entrepreneur visa model. "It’s good to see the criteria focused on the skills and experience of the individual, without the overly prescriptive business plan requirements that were in place under the old system.

"Attracting global business skills and expertise will deliver real benefits to our economy and our communities," Mrs Rich said.

Note:

The BusinessNZ Network including BusinessNZ, EMA, Business Central, Business Canterbury and Business South, represents and provides services to thousands of businesses, small and large, throughout New Zealand.

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