BN9 Grant of resident visas

1. Resident visas may only be granted once principal applicants have:
   1. met the transfer requirements set out at BN8.10; and
   2. made the required acceptable investment as set out in BN3(a)(vii) and
   3. placed the remainder of the funds required to meet the minimum investment threshold (NZ$15 million or weighted equivalent) from the nominated funds or funds from the sale of nominated assets into holding investments and/or acceptable investments (see BN3(a)(viii)).
2. A business immigration specialist must also be satisfied the applicant continues to meet the requirements set out at BN3(a)(i) to (vi).
3. Resident visas will be granted subject to conditions under section 49(1) of the Immigration Act 2009 in accordance with the instructions set out at BN9.1.

Effective 23/06/2024