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BD9.40 Ongoing, full time equivalent employment of one additional New Zealand citizen or resident

  1. Ongoing, full time equivalent employment of one additional New Zealand citizen or resident means one new full-time and permanent job held by a New Zealand citizen or residence class visa holder.
  2. A full-time and permanent job means a permanent role for at least 30 hours a week:
    1. as demonstrated in written employment agreements(s) for the role; and
    2. excluding contract or casual roles.
  3. Full-time employment may include cases where new permanent and ongoing part time jobs have been created which, when taken together, are equivalent to at least one full-time position.
  4. Evidence may be required in respect of each claimed equivalent full-time job to demonstrate the part time roles:
    1. are for two or more new roles with fixed hours that are equivalent to one new full-time job; and
    2. are for permanent and ongoing roles as demonstrated in written employment agreement(s) for the roles; and
    3. meet all employment and immigration laws; and
    4. exclude contract, sub-contracted or casual roles.
  5. The ongoing, full time equivalent employment of one additional New Zealand citizen or resident must be in addition to:
    1. the minimum of five full time equivalent jobs that are required for the business to meet the nominated business requirements; and
    2. the jobs established in the business, filled and unfilled, at the time the BIV holder began operating the business.
  6. Employment will be considered to be ongoing where there is an unfilled vacancy for no more than three months in a 12-month period, where the period is immediately preceded, and followed by, a person working in the role.
  7. Where a business is being operated or proposed to be operated by more than one applicant for, or holder of, a visa granted under Business Investor immigration instructions, one additional, full time equivalent, permanent job for a New Zealand citizen or resident must be created by each visa holder.

Effective 24/11/2025

IN THIS SECTION

BD9.1 Actively involved

BD9.5 Capital investment

BD9.10 Comply with specific employment, immigration and business standards

BD9.15 Excluded business

BD9.20 Family members

BD9.25 Key Person

BD9.30 Lawful business enterprise

BD9.35 Employ at least five people in full time equivalent positions

BD9.45 Operating in New Zealand

BD9.50 Qualified statutory accountant

BD9.55 Real estate

BD9.60 Self-employment/ownership

BD9.65 Solvent

BD9.70 Unacceptable risk

BD9.75 Unencumbered funds and/or assets

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