BC4.5 Requirements for a business plan

Business plans must:

1. be no more than 3 months old on the date the application is made; and
2. include satisfactory evidence that the principal applicant has access to sufficient capital to finance their business proposal; and
3. include realistic financial forecasts; and
4. include evidence to satisfy a business immigration specialist that the principal applicant has business experience that is relevant to their business proposal; and
5. demonstrate to the satisfaction of a business immigration specialist the principal applicant’s knowledge about the proposed business and the New Zealand business environment; and
6. include information about how the proposed business will benefit New Zealand; and
7. include sufficient supporting documentation (including the documentation listed from section C of the business plan form onwards).

Effective 20/11/2002