- This is not current policy -
BK4.40 Settlement funds (26/11/2007)
BK4.40.1 Aim & Intent
under the General (Active) Investor Category must demonstrate that they have the ability to support themselves, their , and/or (see R2.1.30) who are included in the residence application during the four year investment period in New Zealand.
BK4.40.5 Requirement for settlement funds
Principal applicants must demonstrate ownership of a minimum of NZ$1 million in addition to their nominated investment funds.
BK4.40.10 Ownership of settlement funds
- Funds may be owned either:
- solely by the principal applicant; or
- jointly by the principal applicant and partner and/or dependent children (see R2.1.30) who are included in the residence application.
- The principal applicant may claim the full value of jointly owned funds or assets for assessment purposes provided a business immigration specialist is satisfied the principal applicant and partner have been living together for 12 months or more in a partnership (see R2.1.15, R22.214.171.124 (b) and R126.96.36.199 (a) (i)).
- If funds or assets are held jointly by the principal applicant and a person other than their partner or dependent child, the principal applicant may only claim the value of that portion of the funds or assets for which they provide evidence of ownership.
BK4.40.15 Evidence of settlement funds
Evidence of settlement funds may include, but is not limited to:
- funds held in a New Zealand bank account(s); and/or
- funds held in an offshore bank account(s), together with evidence that the funds can be accessed from New Zealand; and/or
- acceptable evidence of net assets (either in New Zealand or offshore).