Originally Posted by
JandM
No, this is an absolutely standard Residence visa, WITHOUT Section 49(1) conditions. So there is nothing there to stop you going for PR when you have met the ordinary requirements.
Initial stay subject to grant of entry permission = this means you had to show your passport to Immigration at the airport when you arrived.
Visa is invalid if holder is outside NZ with expired travel conditions = this means, two years after your Residence was activated, the travel conditions (the permission to come and go freely) run out, and IF you were not in NZ at that time, you would not have a valid visa to get back in. However, as long as you have got your PR before leaving, after the two years' travel conditions run out, the PR gives you permission to come and go whenever you like, permanently.