longtermbusinessvisa(chicken and egg situation)

darren · Testing The Water Joined: 01 Feb 2004 Posts: 2

anybody who bought a retail business whilst on a ltbv?how did you go about it?can you get the ltbv ,then when you are over there buy an existing business or do you have to show commitment to a business first before they give you the ltbv.Any advice gratefully accepted. D

Jamie Smith · Posted: Wed Feb 11, 2004 7:09 pm Post subject:

Hi there

Suggest you visit www.benz1.com for the LTBV forum, and www.businessplans.co.nz.

best way forward is to scope out a proposal with conditional purchase, use that in the plan, remember that whatever you buy has to be able to grow and expand significantly to create benefit to nz, there's no room to take over and just maintain it.

veronica · Posted: Wed Feb 11, 2004 8:05 pm Post subject:

Hi, We had our business visa approved in December and that is to set up a new retail business. you have to have had a business in the uk in the same or similar field. The whole proposal has to be done as a hyperthetical exercise, which is difficult, as its not wise to invest anything until you have the visa. You have to show a good working knowledge of the prices and market etc. in NZ and show that you have done research on it all. It can be done though. Veronica

veronica · Posted: Sun Feb 22, 2004 8:35 pm Post subject:

Hi Darren, have tried to reply to your PM yesterday but not sure whether it sent as it seems to be suck in outbox. could you let me know if it was received my main email is veronica@ski-stuff.co.uk , cheers Veronica