The Business Migration Branch
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Transcript of The Business Migration Branch
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The Business Migration Branch
BMB is located in Wellington, and processes applications received under the Business Immigration Categories.
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• Long Term Business Visa (LTBV) – A three-year work visa to provide sufficient time to move to New Zealand and commence your business prior to applying for New Zealand residence.
• Entrepreneur (Residence) – After running your business for two years you may be eligible to apply for New Zealand residence as an entrepreneur.
• Migrant Investment Policy – A New Zealand residence policy for business people who are looking to reside and invest in New Zealand.
• Employer Accreditation – New Zealand employers can apply to gain accreditation to offer employment to overseas workers.
• Residence from Work – If an employee has been working in New Zealand for at least two years for an accredited employer, they can apply under our Residence from Work Category.
Overview of the Business Immigration Categories
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Migrant Investment Policy
• Replaces the Active Investor Migrant Policy.• Objective: “….to attract financial capital to local firms
or government by providing residence to those who wish to make a significant contribution to New Zealand’s economy”.
• Two options for investors:– Investor Plus (Investor 1 Category)– Investor (Investor 2 Category).
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Migrant Investment Policy Investor Plus (Investor 1 Category)
• High value investors investing a minimum of NZ$10 million.
• Standard health & character requirements.• Rules for source of funds and investment vehicles
that can be chosen.• No cap on number of applications.• Similar to the Global Investor Category but lower
amount and time for investment.
NZ$10 million
3 yearsIS
NZ$20 million
4 yearsWAS
NZ$10 million
3 yearsIS
NZ$20 million
4 yearsWAS
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Migrant Investment PolicyInvestor (Investor 2 Category)
• Lower-level investors: minimum of NZ$1.5 million.• Standard health & character requirements.• Points-based system for selection.• Longer period of investment.• Limited to 300 application per year.• Like General (Active) Investor, but more attractive.
•Simplified rules
•3 years’ experience
•IELTS 3
•NZ$1.5 million
IS
•Active investment
•4 years’ experience
•IELTS 4
•NZ$2.5 million
WAS
•Simplified rules
•3 years’ experience
•IELTS 3
•NZ$1.5 million
IS
•Active investment
•4 years’ experience
•IELTS 4
•NZ$2.5 million
WAS
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Branch Structure
Gareth GriggBranch Manager
Jonathan MaitlandImmigration Manager
(September 2009)
Jackie OwensImmigration Manager
(November 2009)
Fiona WhiteClient ManagerInvestor Policy
Andrew LeslieBusiness Immigration
Specialist
Chris BiggsBusiness Immigration
Specialists
Gina JessenBusiness Immigration
Specialist
Juping ZhouBusiness Relationship
Advisor
Raphael RufinoBusiness Immigration
Specialist
Filomena RangaBusiness Relationship
Advisor
Anil MuringatheryBusiness Immigration
Specialist
Suann BoonSupport Officer
Ruyang ShaoBusiness Immigration
Specialist
Sacha ButlerSupport Officer
Cherryl SingletonBusiness Immigration
Specialist
Vacant Support Officer
Emma BishopBusiness Immigration
Specialist
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Work On Hand
Category On Hand
Investor 29
Entrepreneur 74
Talent – Residence from Work 120
Total Residence 223
LTBV (includes Interim, Recon, Change of business, Balance of 3 years)
120
Accreditation 90
Total Temporary 210
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BMB is on the move!
From Monday, 14 September 2009 the Business Migration Branch will be located at:
Level 3, Kordia House109-125 Willis Street
Wellington
Please note: Our postal address will remain the same:
Immigration New ZealandBusiness Migration Branch
P O Box 3705Wellington
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Thank you
Thank you for attending the BMB workshop.
You can access further information through our website:
www.immigration.govt.nz