R6.10 Points systems (29/11/2010)

Applications in the Skilled Migrant and Investor 2 Categories are assessed under a points system.

R6.10.1 Investor 2 Category

Expressions of Interest in being invited to apply for a resident visa under the Investor 2 Category submitted in the prescribed manner may be entered into a Pool of Expressions of Interest (the Pool) if the person expressing interest:

1. has confirmed that health and character requirements for entry to the Pool have been met because none of the people included in their Expression of Interest are people who:
   1. are not of an acceptable standard of health and would not be granted a medical waiver (see A4.60); or
   2. are described in sections 15 or 16 of the Immigration Act 2009 (see A5.20); and
2. have claimed points for a minimum overall band score of IELTS 3 for English language ability (see BJ5.35); and
3. have confirmed that they are aged 65 years or younger (see BJ5.25); and
4. have claimed points for a minimum of three years of business experience (see BJ5.30); and
5. have claimed points for a minimum of NZ$1.5 million of investment funds (see BJ5.40); and
6. have confirmed that they legally own NZ$1 million of settlement funds in addition to the $1.5 million investment funds (see BJ5.45).

Notes:

~ As Expressions of Interest are entered into the Pool they will be ranked on the basis of total points claimed for English language, age, business experience and investment funds in accordance with the Investor 1 Category. The ranking of Expressions of Interest relative to each other will change as Expressions of Interest enter, or are withdrawn from, the Pool.
~ Expressions of Interest will be selected from the Pool according to their points ranking.

R6.10.5 Skilled Migrant Category

1. Expressions of Interest in being invited to apply for a resident visa under the Skilled Migrant Category can only be entered into the Pool of Expressions of Interest if the person expressing interest has claimed a minimum of 100 points for employability and capacity building factors and has met the other requirements of SM3.10.

   Note: A resident visa can only be granted under the Skilled Migrant Category following an invitation to apply under the Skilled Migrant Category.

2. Expressions of Interest in the Skilled Migrant Category Pool are selected from that Pool periodically on the Government's behalf by the Department of Labour.
3. Selections from the Pool after 21 December 2005 are made in the following manner:
   1. Expressions of Interest that have total points of 140 or more are selected automatically from the Pool;
   2. Expressions of Interest that have total points of 100 or more but less than 140, and include points for offers of skilled employment or current skilled employment in New Zealand, are selected (according to their points ranking) in sufficient numbers to meet the requirements of the Skilled/Business Stream of the New Zealand Residence Programme (NZRP) at the time of that selection (subject to any adjustment to the number or distribution of places in the NZRP determined by the Government).
4. If, following the selection process set out at (c) above, further places are available in the Skilled/Business Stream of the NZRP at the time of that selection (subject to any adjustment to the number or distribution of places in the NZRP determined by the Government), additional Expressions of Interest may be selected from the Pool on the basis of criteria set from time to time by the Minister of Immigration, having regard to the objectives of the Skilled Migrant Category. Those criteria are specified at SM3.15.1.

Effective 29/11/2010