The nominated investment funds must be transferred through the banking system directly from the principal applicant's bank account(s) to New Zealand. Or it can be transferred by a foreign exchange company to New Zealand through the banking system. Business immigration specialists may not accept the transferred funds if the applicant cannot provide satisfactory evidence of the following: the nominated investment funds have been transferred to the foreign exchange company directly from the principal applicant’s bank account(s); the nominated investment funds have not been transferred through the foreign exchange company contrary to the laws of New Zealand; nominated investment funds transferred are traceable; cash transactions were not made; and the foreign exchange company is not suspected of, or proven to have committed, fraudulent activity or financial impropriety in any country it operates from or in. The time taken to approve in principal a residence application varies from two to nine months, depending on the individual circumstances of the applicant.
