Immigration Minister of New Zealand. Michal Woodhouse has welcomed a latest Global Impact Visa (GIVs) which has been designed to bring the innovative and international entrepreneurs to New Zealand.
According to Woodhouse, Previous year, New Zealand government committed towards considering a latest Global Impact Visa to cater for highly impact investors, entrepreneurs and startups for launching international ventures from New Zealand.
He also said that New Zealand is committed to lure young, increasingly talented, successful and well connected businesspersons who are starting their career and want to set up their ventures in New Zealand.
He also added that the Global Impact visa would assist in meeting the New Zealand’s government business development agenda’s investment and innovation aims by lifting the innovation in New Zealand.
He also informed that it would also assist enlarge the pool of smart capital by luring individual entrepreneurs and investors to reside here in New Zealand. The implementation of GIV would create fresh jobs through the setup of latest ventures, attraction of smart capital and access to international networks.
GIV would first be running as four year pilot program, and be restricted to 400 visas during the period of the pilot program.
The policy would be delivered by Immigration department of New Zealand in joint venture with private sector. The partner in private sector would be selected through process of open procurement and would manage attraction, integration and selection of migrant entrepreneurs in New Zealand.
The process of procurement for selecting private partner would start from next month.