Employer Bulletin | 1 December
Applications are now open for the Business Investor Visa, a new immigration pathway designed to attract experienced businesspeople who want to invest in and grow established businesses in New Zealand.
The Business Investor Visa offers that applicants invest $1 million in an existing business for a three-year work-to-residence pathway, or $2 million for a 12-month fast-track.
“We want to help keep businesses going where New Zealand business owners look to retire,” Immigration Minister Erica Stanford says.
"Having overseas buyers means we can protect local jobs, while also injecting fresh energy and investment into local economies.
“Since introducing the Active Investor Plus visa in April, we’ve already attracted more than 440 applications and a potential $2.63 billion investment into the New Zealand economy.”
In today’s Bulletin:
- Despite employee’s poor conduct, trial period is found invalid
- Employee unjustifiably dismissed after refusal to clean bathroom
- Rushing redundancy just leads to interim reinstatement
- Employee strung along for pay seeks legal recourse
- Authority sides with ending employment for intimidating behaviour
- Nine news updates of interest for employers including: New liability rules for the construction sector to improve consumer protection; New investor visa to back local businesses; Ōpōtiki Harbour completion unlocks opportunities; RIF funding backs West Coast resilience; Police certificate requirement changes for Accredited Employer Work Visa applications; New international partnership to attract investment in critical minerals; Linked employer-employee data: September 2024 quarter; Backing skills for business events sector, and Making global trade easier for NZ businesses.
- Eleven bills open for submission
If you have any questions, about this case or other employment relation matters, call the Advice Line team on 0800 800 362.
