diff --git a/packages/core/src/babel-plugin-adjust-imports.ts b/packages/core/src/babel-plugin-adjust-imports.ts
index e2c2f25ce..dda9f18b1 100644
--- a/packages/core/src/babel-plugin-adjust-imports.ts
+++ b/packages/core/src/babel-plugin-adjust-imports.ts
@@ -159,10 +159,14 @@ function isExplicitlyExternal(specifier: string, fromPkg: V2Package): boolean {
   return Boolean(fromPkg.isV2Addon() && fromPkg.meta['externals'] && fromPkg.meta['externals'].includes(specifier));
 }
 
-function isResolvable(packageName: string, fromPkg: Package, appRoot: string): false | Package {
+function isResolvable(packageName: string, fromPkg: V2Package, appRoot: string): false | Package {
   try {
     let dep = PackageCache.shared('embroider-stage3', appRoot).resolve(packageName, fromPkg);
-    if (!dep.isEmberPackage() && !fromPkg.hasDependency('ember-auto-import')) {
+    if (!dep.isEmberPackage() && fromPkg.meta['auto-upgraded'] && !fromPkg.hasDependency('ember-auto-import')) {
+      // classic ember addons can only import non-ember dependencies if they
+      // have ember-auto-import.
+      //
+      // whereas native v2 packages can always import any dependency
       return false;
     }
     return dep;
@@ -499,9 +503,13 @@ class AdjustFile {
   }
 
   @Memoize()
-  relocatedIntoPackage(): Package | undefined {
+  relocatedIntoPackage(): V2Package | undefined {
     if (this.isRelocated) {
-      return this.packageCache.ownerOfFile(this.name);
+      let owning = this.packageCache.ownerOfFile(this.name);
+      if (owning && !owning.isV2Ember()) {
+        throw new Error(`bug: it should only be possible to get relocated into a v2 ember package here`);
+      }
+      return owning;
     }
   }
 }
diff --git a/packages/macros/src/babel/dependency-satisfies.ts b/packages/macros/src/babel/dependency-satisfies.ts
index fc465686e..62a8109a9 100644
--- a/packages/macros/src/babel/dependency-satisfies.ts
+++ b/packages/macros/src/babel/dependency-satisfies.ts
@@ -25,7 +25,7 @@ export default function dependencySatisfies(path: NodePath<t.CallExpression>, st
   let sourceFileName = sourceFile(path, state);
   try {
     let us = state.packageCache.ownerOfFile(sourceFileName);
-    if (!us || us.dependencies.every(dep => dep.name !== packageName.value)) {
+    if (!us?.hasDependency(packageName.value)) {
       return false;
     }
 
diff --git a/packages/macros/src/glimmer/dependency-satisfies.ts b/packages/macros/src/glimmer/dependency-satisfies.ts
index a01e301cb..9202181a5 100644
--- a/packages/macros/src/glimmer/dependency-satisfies.ts
+++ b/packages/macros/src/glimmer/dependency-satisfies.ts
@@ -23,7 +23,7 @@ export default function dependencySatisfies(
   let range = node.params[1].value;
 
   let us = packageCache.ownerOfFile(baseDir || moduleName);
-  if (!us || us.dependencies.every(dep => dep.name !== packageName)) {
+  if (!us?.hasDependency(packageName)) {
     return false;
   }
 
diff --git a/tests/scenarios/v2-addon-test.ts b/tests/scenarios/v2-addon-test.ts
index 87e7a0fdc..77ae7df5c 100644
--- a/tests/scenarios/v2-addon-test.ts
+++ b/tests/scenarios/v2-addon-test.ts
@@ -46,9 +46,24 @@ appScenarios
               setComponentTemplate(TEMPLATE, ExampleComponent);
             `,
         },
+        'import-from-npm.js': `
+          export default async function() { 
+            let { message } = await import('third-party');
+            return message() 
+          }
+        `,
       },
     });
     addon.linkDependency('@embroider/addon-shim', { baseDir: __dirname });
+    addon.addDependency('third-party', {
+      files: {
+        'index.js': `
+          export function message() {
+            return 'content from third-party';
+          }
+        `,
+      },
+    });
 
     project.addDevDependency(addon);
 
@@ -78,6 +93,17 @@ appScenarios
             });
           `,
         },
+        unit: {
+          'import-test.js': `
+           import { module, test } from 'qunit';
+           import example from 'v2-addon/import-from-npm';
+           module('Unit | import', function(hooks) {
+             test('v2 addons can import() from NPM', async function(assert) {
+              assert.equal(await example(), 'content from third-party');
+             });
+           });
+          `,
+        },
       },
     });
   })