BH4.10 Criteria for a business benefiting New Zealand (29/11/2010)
- A business is considered to benefit New Zealand if it promotes New Zealand's economic growth by for example:
- introducing new, or enhancing existing, technology, management or technical skills; or
- introducing new, or enhancing existing, products or services; or
- creating new, or expanding existing, export markets; or
- creating employment for a New Zealand citizen or resident; or
- revitalising an existing New Zealand business; and
- the business is trading profitably on the date the application is lodged or a business immigration specialist is satisfied that it clearly has the potential to become profitable within the following 12 months.
- If the associated Long Term Business visa application was made before 30 November 2009 the 'creating employment' benefit can also include non-New Zealand citizens or residence class visa holders, with the exception of the principal applicant.
Effective 29/11/2010
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