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The Government changed their interpretation in the Entrepreneur Work Visa of the term WORKING CAPITAL

 

The new interpretation is that applicants are now allowed to include and count all those funds and all those assets that they put into a business towards their business as the investment for which they can claim points. 

 

The exceptions are:

  • Investment in residential property 
  • Investment in things for personal use e.g. a family home or car
  • Passive funds or passive investments e.g. term deposits
  • The salaries paid to the applicant’s family who may be included in the application

(Source INZ)

Covid 19 Notice

As the impact of the coronavirus continues to evolve, we face this unprecedented situation together. The pandemic is affecting all of us. At Terra Nova Consultancy Ltd we wish to reach out and update you on how we are addressing it. Our top priority is to protect the health and safety of our employees, clients, and our communities. Our focus on customer service remains at the center of everything we do, and we are fully committed to continue to serve you with our services, and striving to provide our services without interruption.Please listen and act upon the advise given by the Government, only in that way will we together be able to combat this challenge. And as always, stay healthy and keep safe.

TNC E-books

The Terra Nova e-book page contains publications in e-book and e-news format containing comments and reviews from Terra Nova Consultancy Ltd, and other contributors, that relate to a number of issues from immigration to operating a business.

Some of the Terra Nova e-books e-book and the Terra Nova e-news issues we believe may be quite helpful for prospective immigrants.

Check back regularly to find new editions of our Terra Nova e-book and Terra Nova e-news range.

Contact Details

Terra Nova Consultancy Ltd
14 Glanworth Place, Botany 2106
Manukau, Auckland 2106,
New Zealand

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Please arrange visit by appointment.

Mobile: +64 275 706 540

Postal Address:
PO Box 58385, Botany
Manukau, Auckland 2163,
New Zealand

Licensed Immigration Adviser

Johannes Petrus (Peter) Hubertus Cornelis Hendrikx

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License number: 200800214

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