BH4.10 Criteria for a business benefiting New Zealand (08/04/2013)

1. 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:
   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 sustained and on-going full time employment for New Zealand citizens or residents; or
   5. the revitalisation of an existing New Zealand business that has led to significantly increased financial performance; and
2. 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.
3. If the associated Long Term Business visa application was made before 30 November 2009 the 'creating employment' benefit can also include non-New Zealand citizens or residence class visa holders, with the exception of the principal applicant.

Note: For the purposes of BH4.10(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 is located.

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