Withdrawing funds for a business

You may request funds to invest in a business once your funds have been held by the Government for two years. You will need to submit a business plan to Immigration New Zealand on the approved form and pay a fee. 

The proposed business must be:

 

• in New Zealand
• capable of providing a commercial return under normal circumstances
• of benefit to New Zealand, and
• owned and controlled by you (ie you will own at least 25 percent of it).

 

Any return that your business makes can be kept for your own personal use but the money you withdraw to invest in a business must not be used for personal use.

 

Selling the business

If you sell the business that you have obtained approval for, you will need to either return the funds withdrawn from the investment (less profit) to the New Zealand Government, or submit another business plan and get this approved.  If you are intending to sell your business, make sure you advise your case officer at Immigration New Zealand first to make sure you don’t accidentally breach any condition of your permit.