BJ3 Investor 1 Category (to 28/07/2022)

1. Principal applicants under the Investor 1 Category are assessed against:
   1. health and character requirements; and
   2. investment funds requirements.
2. For an application to be approved under the Investor 1 Category:
   1. the principal applicant and family members included in the application must meet health and character requirements (see A4 and A5); and
   2. the principal applicant must nominate funds and/or assets equivalent in value to at least NZ$10 million and demonstrate ownership of these funds and/or assets; and
   3. the principal applicant must demonstrate that the nominated funds have been legally earned or acquired; and
   4. the principal applicant must continue to meet fit and proper person requirements (see BM1); and
   5. the principal applicant must undertake to invest NZ$10 million for a period of three years in New Zealand and transfer and place the funds in an acceptable investment in accordance with the instructions in BJ7.10.

Effective 10/11/2016