BD6.1 Operating stage requirements

1. Within nine months of a Business Investor work visa being granted, during the Establishment stage, the Business Investor work visa holder must provide evidence to satisfy a business immigration specialist that:
   1. they have lawfully transferred the required capital investment to New Zealand as set out in BD6.5; and
   2. they have purchased the nominated business (or specified proportion of ownership) for the price set out in the Business Proposal template (+/- 5%, but for no less than NZ$1 million); and
   3. they have obtained professional or occupational registration in New Zealand if registration is required for operating the business; and
   4. they have commenced operating the nominated business; and
   5. they are actively involved (see BD9.1) in operating the nominated business; and
   6. the purchased business employs at least five people in full time equivalent positions (see BD9.35), excluding any owners of the business and family members (see BD9.20) of any person granted a Business Investor work visa to operate the business.
2. The Business Investor work visa holder must continue to meet the fit and proper person requirements(see BM1).
3. If the above requirements are met the Business Investor work visa will be valid for the balance of the four-year period.

Effective 24/11/2025