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BN7.1 Key features of the investment categories (01/04/2025)
There are two investment categories that investors must choose between, being the Growth Category and the Balanced Category. Key features of both categories are outlined in the table below:
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Key Features
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Growth Category
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Balanced Category
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Minimum investment amount (see BN6(a))
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NZD $5 million
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NZD $10 million
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Acceptable investments (see BN7.10)
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Applicants under the Balanced Category may also invest in Growth Category investments, being:
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Time to transfer and invest (see BN8.15(a))
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6 months from the date of Approval in Principle, with the option to request one 6-month extension
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Section 49(1) conditions (see BN9.1)
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- Retain investment for 36 months
- Spend a minimum of 21 days in New Zealand over the investment period
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- Retain investment for 60 months
- Spend a minimum of 105 days in New Zealand over the investment period, unless eligible for a reduction as a result of placing funds above the minimum investment amount into direct investments or managed funds.
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Section 49(1) investment retention checkpoints (see BN10.1)
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Complete the investment questionnaire (see BN10.17)
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At investment retention checkpoints (24 months and 36 months)
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At investment retention checkpoints (24 months and 60 months)
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Effective 01/04/2025
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