Latest Property News

New Zealand's ban on foreigners buying homes set to start

Stuff.co.nz-17 hours ago

After a spending splurge by millionaires seeking doomsday bolt-holes crowded out local buyers and pushed up property prices, a law curbing ...

newsie.co.nz

Czech businessman buys 40000ha of South Island high country

New Zealand Herald-31/07/2018

"Land Information New Zealand has been working with the ... He applied under the residency pathway of the Overseas Investment Act. Under ...

South Island's 40000-hectare Mt White station sells to overseas buyer

Stuff.co.nz-30/07/2018

Sheppard said: "Land Information New Zealand has been working with ... under the residency pathway of the Overseas Investment Act. Under ..

Mt White Station: 'Generations of Kiwis have thought this was their land'

Radio New Zealand-1/08/2018

The government and Land Information New Zealand (LINZ) had a chance ... They have approved the sale through the Overseas Investment Act ...

Unintended results of investment curbs

Otago Daily Times-22/07/2018

Proposals to curb foreign investment in New Zealand may have unintended ... Removing the exemption under the Act would force foreign ...

Dunne Speaks: Public Access is not an Optional Extra

Scoop.co.nz-25/07/2018

Sadly, there seem to be a number of foreign investors - usually American ... in New Zealand, provided they satisfy the conditions of the Overseas Investment Act, ... It appears that is where New Zealand authorities have been ..

About 3% of home transfers go to overseas people

newsie.co.nz-27/07/2018

The total number of home transfers in New Zealand increased to ... with the definition of 'overseas person' in the Overseas Investment Act 2005.