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- This is not current policy -
The policy in this manual ceases to be effective from 29 November 2010.
To see the current Immigration New Zealand Operational Manual go to
www.immigration.govt.nz/opsmanual
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business experience
From policy: BK4.30 Business experience (Active Investor Migrant Policy)
BK4.30.1 Basic rules for business experience
- Business experience is recognised for the award of points if it is experience in planning, organisation, control, senior change-management, direction-setting and mentoring acquired through ownership of, or management level experience in, a lawful business enterprise that has at least five full-time employees and an annual turn-over of NZ$1 million.
- A principal applicant is considered to own a business if they own at least 25 percent of a business.
- A lawful business enterprise is an organisation that:
- operates lawfully in a commercial environment with the goal of returning a profit; and
- is not set up primarily for passive or speculative purposes.
Effective 26/11/2007
business experience (04/07/2005)
THIS IS NOT A CURRENT DEFINITION
From policy: BI6.5 Business definitions (Investor Category)
BI6.5.1 ‘Business experience’
Business experience means a minimum of 5 years of either:
- owning a lawful business enterprise; or
- management experience in a lawful business enterprise.
Effective 04/07/2005
business experience (26/07/1999)
THIS IS NOT A CURRENT DEFINITION
From policy: BB3.5 Definitions (Investor Category)
BB3.5.1 ‘Business experience’
Business experience means a minimum of 2 years of either:
- owning a lawful business enterprise; or
- management or supervisory experience in a lawful business enterprise.
Effective 26/07/1999
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