Entrepreneur visa attracts 300 applicants in first year

The Government’s “global impact visa”, designed to attract young entrepreneurs, has received 300 applicants from more than 50 countries hoping to fill the 100 spots in the first year of the four-year pilot programme,  Immigration Minister Michael Woodhouse said.

Mr Woodhouse told Parliament’s transport and industrial relations select committee  the visa — launched last year by Immigration New Zealand in partnership with the Edmund Hillary Fellowship — had “exceeded my lofty expectations for it”. The visa gives migrant entrepreneurs a pathway to residency by giving them a work visa with open conditions allowing them to apply for permanent residency after three years.

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