From November 2025, overseas investors will be able to apply for residence by actively operating existing Kiwi businesses. There are two investment options:
Fast-Track: A $2 million investment provides a 12-month pathway to residence, provided the buyer operates the business for three years.
Work-to-Residence: A $1 million investment provides a three-year pathway to residence, again requiring the buyer to operate the business for three years.
If the business is valued above the threshold, investors must hold at least 25% ownership (for example, a $6m business requires a $1.5m minimum stake).
Other requirements include:
- The business must be at least 5 years old, employ 5+ full-time staff and meet financial viability thresholds.
- Applicants must be 55 years old or younger with relevant business experience.
- They must meet standard health and character requirements.
- Functional English is required.
- At least one new full-time job must be created.
- Excluded sectors include fast food, gambling, immigration advisory, franchises, adult entertainment, and convenience stores.
Immigration Minister Erica Stanford says, “This new visa will bring overseas investment to maintain and create jobs, grow incomes, and breathe new life into existing businesses across the country. These changes will help bring brighter days ahead for all Kiwis.”
