BN6.20 Evidence of the nominated funds and/or assets
- The principal applicant must provide evidence that demonstrates ownership of the nominated funds and/or assets, and that the nominated funds and/or assets were legally earned or acquired.
- Evidence must be provided to demonstrate that the funds and/or assets nominated are equivalent in value to at least NZD:
- $5 million if they are investing under the Growth Category; or
- $10 million if they are investing under the Balanced Category.
- All documents provided as valuations of assets must be:
- no more than three months old at the date the resident visa application is made; and
- produced by an external and reputable agency; and
- credible, as determined by a business immigration specialist.
- A business immigration specialist may seek further evidence if they:
- are not satisfied that the nominated funds and/or assets were legally earned or acquired; or
- consider that the nominated funds and/or assets may have been gifted or borrowed without being declared; or
- are not satisfied with the valuation provided; or
- consider that the nominated funds and/or assets do not meet the requirements in these instructions.
Note: If the principal applicant has nominated further funds to be eligible for a reduction of time spent in New Zealand, they must provide evidence prior to approval in principle that their nominated funds are equivalent in value to at least NZD $11, $12 or $13 million.
Effective 01/04/2025
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