long term business visa

edneil · Testing The Water Joined: 17 Nov 2003 Posts: 3

Can anyone advise where to get good information on this.

Agencies are evasive and basically I need to find out how realistic my application would be, how I can improve it, timescales etc.

Any help or contact links appreciated.

ENZ · Posted: Sun Jan 18, 2004 6:23 am Post subject:

Hi ed,

If you care to say a little bit more about what you're doing, I can offer some thoughts on LTBV applications.

veronica · Posted: Sun Jan 18, 2004 9:52 am Post subject:

You could try emailing/phoning the LTBV place in Wellington where they assess the visas. We did that and found them helpful. But you do have to have a solid business plan with all the gubbins like set up costs, forecasts, etc. cheers Veronica

edneil · Testing The Water Joined: 17 Nov 2003 Posts: 3

Thanks for your replies.

I am a therapist and want to open a complementary health clinic.

I would have investment money for the clinic as well as living expenses.

It would employ a manager and part time staff as well as offering clinic space for rent for different therapists so would be useful for local employment.

I can get a solid business plan together with my accountant by closely modelling a UK business and then collating all the corresponding costs etc.

Putting the plan together should be fine but I am concerned about what NZ business knowledge is being looked for, how much investment is being looked for etc.

Without a degree of confidence that it would be successful, all other plans such as selling up (which could clearly take a while) can't really happen.

Do you think the LTBV place in Wellington would be able to say, Yes that looks fine or 'you need more capital' etc?

veronica · Posted: Sun Jan 18, 2004 9:10 pm Post subject:

there doesn't seem to be a hard and fast rule such as the amount of capital as long as it fits your business plan, and your business plan doesn't have to be for big business, you can put in a very modest plan and show how you anticipate it could grow..
We did our own business plan and got it checked by one of the agencies, it cost £1000 for them to tell us it was fine but it did give us reassurance we were on the right track. Will tell you the name of the agency we used as we found the cost varied tremendously. (One of the agencies told us that 98% were turned down and we hadn't a hope just on the basis of me saying we had done our own plan. But Pete is a really good management accountant and I now my own trade so I knew it was solid )
As to research the best thing is to go over there and have a look, if you can't do that there is a tremondous amount of info on the web, and any organisations that govern/control your industry will probably give you information. I can only speak from our own experience but the Nzis is helpful, they do want people over there. good luck Veronica

edneil · Testing The Water Joined: 17 Nov 2003 Posts: 3

Thanks Veronica

How do you manage to get in touch with NZIS to speak to someone?

Jamie Smith · Posted: Sun Jan 18, 2004 11:53 pm Post subject:

Hi all

I usually monitor other immigration forums and saw someone's post to here. We specialise in LTBV, so I thought I'd add my two cents to this topic if that's OK. Our website holds our profile, I'll try to be non-commercial here.