acceptable investment

From policy: BK4.45 Definition of 'acceptable investment' (Active Investor Migrant Policy)

1. An acceptable investment means an investment that:
   1. is capable of a commercial return under normal circumstances; and
   2. is not for the personal use of the applicant(s) (see BK4.45.1 below); and
   3. is invested in New Zealand in New Zealand currency; and
   4. is invested in lawful business enterprises or managed funds that comply with all relevant laws in force in New Zealand; and
   5. is a semi-active or an active investment; and
   6. is not (directly or indirectly) invested in residential property development (see BK4.45.25 below); and
   7. has the potential to contribute to New Zealand's economic transformation goals of innovative, productive, and globally competitive firms.
2. Notwithstanding (a) above, where an investment fails to meet one of the acceptable investment requirements, a business immigration specialist may consider, on a case by case basis, whether the failure was beyond the control of the principal applicant and if satisfied that this was the case, may consider the investment acceptable.

Effective 26/11/2007

acceptable investment (04/07/2005)

THIS IS NOT A CURRENT DEFINITION

From policy: BI7.25 Withdrawal of funds (Investor Category)

BI7.25.1 Definition of ‘acceptable investment’

For the purposes of the Investor Category, an acceptable investment is an investment which:

1. is held by the New Zealand Government, or
2. has been approved in accordance with the policy in BI11 by a business immigration specialist.

Note: Investment funds may not be used as collateral for any loan during the five year investment period, unless the money loaned remains within New Zealand and in New Zealand dollars only.

Effective 04/07/2005

acceptable investment (20/11/2002)

THIS IS NOT A CURRENT DEFINITION

From policy: BB4.1 General rules for investment funds (Investor Category)

BB4.1.1 Definition of acceptable investment

An acceptable investment is an investment which:

1. is invested in New Zealand in New Zealand currency; and
2. under normal circumstances, is capable of providing a commercial return; and
3. is not for the personal use of the principal applicant (see BB4.1.5)

Note: Investments in New Zealand with international exposure are acceptable only for the proportion of the investment that is retained in New Zealand.

Example: An investment in a unit trust with international exposure would completely fail to meet the requirement that an investment be "invested in New Zealand".

Effective 20/11/2002

acceptable investment (26/07/1999)

THIS IS NOT A CURRENT DEFINITION

From policy: BB4.1 General rules for investment funds (Investor Category)

BB4.1.1 Definition of acceptable investment

An acceptable investment is an investment which:

1. is invested in New Zealand in New Zealand currency; and
2. under normal circumstances, is capable of providing a commercial return.

Note: Investments in New Zealand with international exposure are acceptable only for the proportion of the investment that is retained in New Zealand.

Example: An investment in a unit trust with international exposure would completely fail to meet the requirement that an investment be "invested in New Zealand".

Effective 26/07/1999