New Zealand to Replace Entrepreneur Visa with Business Investor Visa Starting 2025

New Zealand is set to transform its business visa landscape. The Entrepreneur Work Visa has officially closed, paving the way for a new Business Investor Visa launching in November 2025. This innovative visa provides two investment pathways: NZD $1 million for a 3-year work-to-residence option or NZD $2 million for a fast-tracked 12-month residence.

The New Zealand government is making significant changes to attract skilled businesspeople. The newly announced Business Investor Visa targets experienced investors eager to buy or expand existing businesses. Let’s explore the pivotal changes in this new visa and the implications of closing the Entrepreneur category.

Key Changes in the Visa System

The Entrepreneur Work Visa is no longer available for new applicants. This visa was designed for individuals looking to establish their own businesses in New Zealand. However, Immigration New Zealand noted that it fell short of expectations. The number of applications was low, and many were denied.

In response, the government is introducing the Business Investor Visa, focusing on seasoned entrepreneurs ready to invest substantial funds in existing New Zealand companies.

Overview of the Business Investor Visa

The Business Investor Work Visa will open for applications in November 2025, offering two investment options:

• Invest NZD $1 million in an existing business → Obtain a 3-year work-to-residence pathway.
• Invest NZD $2 million in an existing business → Secure a 12-month fast-track to residence.

You don’t need to purchase the entire company. You can either:

• Buy a business outright
• Acquire at least 25 percent of an existing business.
• Meeting the minimum investment threshold qualifies you for this visa.

Both options ultimately lead to the Business Investor Resident Visa, allowing you permanent residency in New Zealand, provided all conditions are met.

Differences from the Entrepreneur Visa

The previous Entrepreneur Work Visa targeted individuals wanting to launch new businesses. In contrast, the Business Investor Visa is designed for those looking to invest in and manage existing enterprises. The government emphasizes that this new visa will feature:

• Simpler and clearer regulations.
• Faster processing times.
• A stronger connection to job creation and economic growth.

Essentially, New Zealand aims to attract investors ready to make an immediate impact on the economy.

Implications for Current Applicants

For those who have already applied for the Entrepreneur Work Visa:

• Your application will continue to be processed under the previous guidelines.
• If you withdraw your application, be aware that fees and levies are non-refundable.
• Current holders of the Entrepreneur Work Visa can still apply for residence via the Entrepreneur Resident Visa.

If you need more time to fulfill the requirements, you can apply for a renewal to extend your visa while working towards residency.

Upcoming Information Release

Immigration New Zealand plans to share further details in October 2025. This update will include:

• Comprehensive visa requirements.
• Comparisons with the Active Investor Plus Visa.
• Guidance on preparing your application ahead of the November launch.

Conclusion

New Zealand is refocusing its immigration strategy. Rather than focusing on small startups, it now targets experienced investors who can help enhance existing businesses. If you’re considering investing in New Zealand and aspire to live there, the new Business Investor Visa could be your gateway.

Although applications won’t open until November 2025, it’s wise to begin your preparations now. Stay tuned for more updates coming in October!