BJ9.10 Retention of acceptable investment (to 28/07/2022)

1. The principal applicant will need to show that they have retained an acceptable investment in New Zealand for the required investment period.
2. Suitable evidence will include documentation from a reliable independent professional (for example, a solicitor or chartered accountant) stating:
   1. the full name of the investor; and
   2. the amount invested; and
   3. the date the investment was lodged; and
   4. the type of investment (in the case of shares or bonds, the names of the companies invested in and the number of shares or bonds purchased must be listed); and
   5. confirmation that the funds were invested in New Zealand for the full investment period or, if transferred, the date of lodgement and withdrawal of the investment.
3. If the principal applicant has established or purchased a shareholding or bonds in more than one business this information should be provided for each of the businesses.
4. If the principal applicant has transferred funds between several organisations during the investment period, principal applicants should provide letters from every organisation they have invested with. Lodgement and withdrawal dates will be checked to ensure that funds have been held continuously in New Zealand for the required investment period.
5. A business immigration specialist may request any other information in order to be satisfied that the above requirements have been met.
6. Evidence that the requirements have been met includes:
   1. submission of the evidence required by paragraphs (b) to (f) no later than three months after the two-year anniversary and the expiry date of the required investment period; and
   2. subsequent written confirmation on file (by a business immigration specialist) that the investment requirements have been met.

Note: The principal applicant must retain any nominated percentage in growth investments for the period of investment

Effective 22/05/2017