BD6.5 Transfer of the nominated funds or funds from the sale of nominated assets

1. The capital investment transferred to New Zealand must be:
   1. the original funds that were nominated which were described and accepted in the Business Investor work visa application or approved change of nominated business (see BD5); or
   2. the original funds that were received from the sale of the assets nominated in the Business Investor work visa application or approved change of nominated business (see BD5); or
   3. borrowed funds secured against the assets nominated in the Business Investor work visa application or approved change of nominated business (see BD5) and the borrowed funds meet the requirements in (e) below.
2. The capital investment must be transferred through the banking system (including via an acceptable foreign exchange company or money transfer business) directly to New Zealand from:
   1. the Business Investor work visa holder’s personal bank account(s); or
   2. a joint bank account in the name of the Business Investor work visa holder and their partner and/or dependent children who were included in their application; or
   3. one of the following third parties providing that the funds can be identified as the Business Investor work visa holder’s (and/or, if applicable, their partner and/or dependent children who were included in their application):
      • a solicitor trust account, where the solicitor is acting on behalf of the Business Investor work visa holder in the transaction of the nominated funds or assets; or
      • an investment portfolio account, where the account is in the name of the Business Investor work visa holder.

        Notes:
        -The funds must remain in possession of the Business Investor work visa holder, or third party in (b)(iii) above and the Business Investor work visa holder must retain effective control until the capital investment has been invested in the nominated business.
        -The nominated funds or funds from the sale of nominated assets will be considered to have been transferred through the banking system at the point in which they leave the country in which they were legally earned or acquired and are received in New Zealand.
        -For the purposes of these instructions, where funds are referred to as being in the name of the Business Investor work visa holder, this may include funds that are jointly held by the Business Investor work visa holder, their partner and/or dependent children who were included in the application).

3. The transfer of the capital investment must:
   1. be documented, traceable and transparent; and
   2. not include physical cash transactions.
4. Any transfers of the capital investment made both within and from the country in which they were legally earned or acquired must be made lawfully through the banking system.
5. Borrowed funds are acceptable if the Business Investor work visa holder demonstrates that:
   1. the borrowed funds are from a bank or commercial lending institution acceptable to a business immigration specialist and are secured against the nominated assets in the Business Investor work visa application or the approved change of nominated business (see BD5); and
   2. it is not economically viable or practical to liquidate the nominated assets (for example, where liquidation would require the sale of a business).
6. The Business Investor work visa holder must provide evidence of possession of the funds (including where relevant, investment funds owned by their partner and/or dependent children who were included in their application) from the date when the funds and/or assets were nominated to the date of transfer to New Zealand.
7. This evidence must include all transfer documentation and a statement showing the transfer(s) from the country where they were legally earned or acquired.
8. A business immigration specialist may request any other information to satisfy them that the requirements have been met.

Effective 24/11/2025