To immigrate to New Zealand under this class, there is no minimum capital or past business ownership requirement. Instead applicants must prepare a viable, well-researched business plan and possess sufficient funds and relevant business experience to establish or purchase the proposed business in New Zealand. It is important that the business must be of benefit to New Zealand, in terms of creating employment for New Zealanders, increasing foreign exchange earnings or exports, revitalizing an existing business, or introducing new products, services or technology into the New Zealand market place.