BC4.15 Criteria for a business benefiting New Zealand (08/04/2013)

1. A business may be considered to significantly benefit New Zealand if it promotes New Zealand's economic growth through, for example:
   1. introducing new, or enhancing existing, technology, management or technical skills; or
   2. introducing new, or enhancing existing, products or services; or
   3. creating new, or significantly expanding existing, export markets; or
   4. creating sustainable and full-time employment for New Zealand citizens or residents; or
   5. revitalising an existing business; and
2. In the opinion of a business immigration specialist it appears likely that the business will be trading profitably at the time any subsequent application under the Entrepreneur Category is made, or clearly has the potential to be trading profitably within 12 months after the application is made.

Note: For the purposes of BC4.15(a)(i) and (ii):

- “new” means new to New Zealand or the region of New Zealand in which the business would be located; and
- “existing” means existing within New Zealand or the region of New Zealand in which the business would be located.

If showing that a proposed business would enhance existing technology, skills, products or services under BC4.15(a)(i) and (ii), an applicant must provide details of how the proposed enhancement would promote New Zealand’s economic growth within the three year validity of the work visa.

For the purposes of these instructions, the employment of non-New Zealand citizens or residents is not considered an acceptable example of a business benefiting New Zealand.

Effective 08/04/2013