Hom Lamsal

As new immigration rules are being introduced across the world, many countries are competing to attract investment and skilled individuals. The latest country to join this race is New Zealand. Starting November 24, 2025, New Zealand has opened applications for a new Business Investor Work Visa, which has been named the Golden Visa. Its purpose is similar to that of many countries: to attract skilled, capable individuals and foreign investment. This visa allows residency for up to four years. The major benefit of this visa is that once issued, it opens the pathway to permanent residency. After a certain period, it converts into a business investment visa, eventually leading to permanent settlement.

This visa has been opened to people from around the world, as travelers have long been attracted to New Zealand’s diverse wildlife and rich culture. Participation in this program requires a specific investment amount. Applicants can choose between two options: Option 1: For the 3-year work-to-residency track, applicants must invest 1 million NZD (approximately 567,000 USD).

• Option 2: For the 1-year fast-track residency option, applicants must invest 2 million NZD (approximately 1,134,480 USD).

It should be noted that New Zealand is preparing to toughen its previously easier residency pathways for general immigrants.

In addition, applicants must pay an application fee of around 7,000 USD. They must also actively participate in the management or operation of the business in which the investment is made. After fulfilling the required period, visa holders can apply for permanent residency through the Business Investor Resident Visa.

There are also certain conditions:

• Applicants must have at least 283,000 USD available to support themselves and their families.

• They may bring their spouse and dependent children.

• They must prove their business capability—for example, by owning a company with an annual revenue of at least 56,000 USD, or by running a business with at least five full-time employees.

• There are restrictions on the types of businesses eligible for investment.

  • The company must be at least five years old.

  • Investment in gambling, fast-food franchises, or tobacco-related industries is strictly prohibited in New Zealand.

More than 25,000 Nepalis currently reside in New Zealand. In recent years, it has become an increasingly popular destination for Nepali students, with 3,000 to 5,000 students reportedly going each year for higher education. Several major Nepali businesspeople have also established enterprises in New Zealand.