BC3 Summary of requirements
See BC3 Effective 20/11/2002
See BC Effective 26/07/1999
A principal applicant* for a Long Term Business Visa/Permit must:
- have completed a business plan* that meets the requirements of BC4.5 for their business proposal; and
- have business experience relevant to their business proposal; and
- not have been involved in bankruptcy or business failure within the 5 years preceding the date their application was made*; and
- not have been involved in business fraud or financial impropriety; and
- have obtained professional or occupational registration in New Zealand if registration is required for operating the proposed business, and
- have, in addition to investment capital, sufficient funds (see BC6.1) for their maintenance and accommodation and that of any partner* and/or dependent children* who are applying for temporary visas and/or permits to accompany the principal applicant* to New Zealand; and
- meet Health and Character requirements policy (see A4 and A5); and
- meet the minimum standard of English (see BF); and
- satisfy a business immigration specialist that they are genuinely interested in establishing the business in New Zealand.
