BN10.10 Retention of holding and acceptable investment

1. The principal applicant must retain their investments in acceptable investments and holding investments in New Zealand during the 48-month investment period as required by the conditions of their resident visa.
2. Suitable evidence must include documentation from an external and reputable professional (for example, a solicitor or chartered accountant, bank and/or investment broker, or financial advisor) stating:
   1. the full name of the principal applicant; and
   2. the amount invested in New Zealand dollars; and
   3. the date the investment was made; and
   4. the type of investment (in the case of shares or bonds, the names of the companies invested in, and the number of shares or bonds purchased must be listed); and
   5. confirmation that the funds were invested in New Zealand for the full investment period or, if transferred, the date of lodgement and withdrawal of the investment.
3. If the principal applicant has made investment transfers as set out in BN9.5 during the investment period, the principal applicant must provide evidence as set out in (b) above and BN10.5(b) for every investment transfer.
4. A business immigration specialist may request any other information in order to be satisfied that the requirements have been met.
5. Evidence that the requirements have been met includes:
   1. submission of the evidence no later than three months after the first 18 months, 36 months and the expiry date of the 48-month investment period; and
   2. subsequent written confirmation on file (by a business immigration specialist) that the investment requirements have been met; and
   3. removal of the relevant condition imposed on the resident visa under s49(1) of the Immigration Act, if applicable.

Effective 19/09/2022