BH4.10 Criteria for a business benefiting New Zealand
- A business is considered to add significant benefit to New Zealand if it can demonstrate that it has promoted New Zealand's economic growth by for example:
- introducing new, or enhancing existing, technology, management or technical skills; or
- introducing new, or enhancing existing, products or services; or
- creating new, or significantly expanding existing, export markets; or
- creating sustained and ongoing full time employment for one or more New Zealand citizens or residents; or
- the revitalisation of an existing New Zealand business that has led to significantly increased financial performance; or
- introducing productivity-enhancing spillover benefits or increased capacity utilisation (such as significant net new job creation); and
- The business is trading profitably on the date the application is lodged or a business immigration specialist is satisfied that it clearly has the potential to become profitable within the following 12 months.
- For definitions of “new products or services” and “trading profitably” please refer to the Definitions section at BB6.
Effective 24/03/2014
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