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May 2013 Immigration NZ Trends in Business Migration
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Quality Outcomes for LTBV Applications
LTBVLTBV Trend Analysis
Capital Investment of LTBV Applications (previous 12 months)
Quality Outcomes for LTBV Applications
LTBV
Common themes for declined applications: Low quality business proposals, such as dairies, $2 shops, liquor outlets, buying a small share in a small business,
Lack of a significant benefit. Frequently we are seeing applications where it is claimed that paying taxes, capital investment and other marginal benefits meet immigration instructions.
Bona fide, the applicant appears to lack a genuine interest in owning and operating a successful business, and appears more intent on gaining residence through a marginal/small scale business with limited capital investment.
Quality Outcomes for LTBV Applications
LTBV Lack of specific market research prior to the LTBV being lodged
People claiming work experience instead of business experience (where they have owned and operated a business)
Insufficient evidence of funds
No verifiable business experience
Financial forecasts that lack detail of assumptions
Quality Outcomes for LTBV Applications
LTBV
Application form must be completed in full.
Providing a business plan in physical form AND digital form (MS Word format) will definitely allow faster processing of your application.
Clearly index your application/business plan in sections that align to the application form. All supporting documentation should be included in these sections.
Further helpful tips and suggestions to get your application processed faster
Quality Outcomes for LTBV Applications
LTBVA cover letter outlining the index (contents) along with a
brief synopsis of your clientᾼs suitability and the benefit is considered highly useful.
Do not provide superfluous information, if it does not clearly demonstrate a significant link to an immigration instruction requirement.
Declare if an applicant has ever been involved in business failure, bankruptcy, fraud or financial impropriety.