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BJ8.15 Section 49(1) condition: minimum period of time in New Zealand

As set out at BJ8.10(b), the principal applicant under each category of the Migrant Investment Categories must spend a minimum period of time in New Zealand during the required investment period. The time periods are:

  1. Investor 1 Category:
    1. 12% of each of the final two years of the three year investment period (44 days per year); or
    2. 88 days over the three year investment period (from their first day in New Zealand as a resident) if a minimum of NZ$2.5 million (25% of the NZ$10 million investment amount) is invested in ‘growth investments’ (see BJ3.15.1).
  2. Investor 2 Category:
    1. 40% of each of the final three years of the four year investment period (146 days per year); or
    2. 438 days over the four year investment period (from their first day in New Zealand as a resident) if a minimum of NZ$750,000 (25% of NZ$3 million) is invested in ‘growth investments’ (see BJ5.45).

Effective: 28/08/2017

PREVIOUS IMMIGRATION INSTRUCTIONS

BJ8.15 Section 49(1) condition: minimum period of time in New Zealand (19/06/2017)

BJ8.15 Section 49(1) condition: minimum period of time in New Zealand (22/05/2017)

BJ8.15 Section 49(1) condition: minimum period of time in New Zealand (07/11/2011)

BJ8.15 Section 49(1) condition: minimum period of time in New Zealand (25/07/2011)

BJ8.15 Section 49(1) condition: minimum period of time in New Zealand (29/11/2010)

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