BI4.1 Conditions to which holders of resident visas granted under these instructions may be subject

1. Resident visas granted to the principal applicant under the Business Investor resident visa instructions set out in BI2.10 are subject to the following conditions imposed under section 49(1) of the Immigration Act 2009:
   1. the principal applicant is actively involved in operating a single business for three years (inclusive of time operating the business while holding a Business Investor work visa); and

      Note: The single business operated by the principal applicant for three years must be the same business purchased during the Establishment stage of their Business Investor work visa (BD2) or the business approved through a variation of conditions to the Business Investor work visa (see BD7).

   2. the principal applicant has retained at least the same proportion of ownership of the business which was approved under the Business Investor work visa instructions for the three years they must operate the business; and
   3. the principal applicant is in New Zealand for at least 184 days in each 12-month period for the three years they must operate the business; and
   4. the business operated by the principal applicant employs at least five people in full time equivalent positions (see BD9.35) for the three years the principal applicant must operate the business; and
   5. the business operated by the principal applicant is solvent (see BD9.65) and complies with specific immigration, employment and business standards (see BD9.10) for the three years the principal applicant must operate the business; and
   6. within three months after their business has been operating for three years, the principal applicant submits to Immigration New Zealand (INZ) relevant evidence as set out at BI2.15 to demonstrate that they meet the conditions (i) to (iv) above.
2. Any accompanying partner and/or dependent children of a principal applicant granted a resident visa will be subject to the condition that the principal applicant complies with the conditions of their visa.

Effective 24/11/2025