BJ5.45 Growth Investments (to 28/07/2022)

1. Principal applicants who are assessed as meeting the requirements under the Investor 2 Category and who propose to invest a minimum of NZ$750,000 (25% of NZ$3.0 million) of nominated investment funds in ‘growth investments’ will be eligible to:
   1. spend a minimum time period in New Zealand of 438 days over four years from first arrival in New Zealand as a resident, or the grant of a resident visa while in New Zealand; and
   2. qualify for 20 bonus points.
2. Principal applicants who are assessed as meeting the requirements under the Investor 2 Category and who propose to invest a minimum of NZ$1.5 million (50% of NZ$3.0 million) of nominated investment funds in ‘growth investments’ will be eligible to:
   1. spend a minimum time period in New Zealand of 438 days over four years from first arrival in New Zealand as a resident, or the grant of a resident visa while in New Zealand; and
   2. qualify for 20 bonus points; and
   3. qualify for a reduction of NZ$0.5 million of the investment amount.

BJ5.45.1 Definition of 'Growth Investments’

1. For the purposes of these instructions, growth investments are defined as acceptable investments, see (BJ5.50) other than:
   1. bonds; and
   2. philanthropic investments.
2. All invested funds must meet the conditions of an acceptable investment set out in BJ5.50.

Note: For the purpose of growth investments, convertible notes are considered to be bonds.

Effective 22/05/2017