Buying a home in New Zealand - OIO Update
The Overseas Investment Office & LINZ have provided a new guidance summary about buying a home in New Zealand, following changes to Overseas Investment Act 2005. The law applies to properties that are classified as "residential" or "lifestyle" on the District Valuation Roll. It is important to note the carve out for Australian and Singaporean citizens and permanent resident visa holders.
For more information, click on the link below to read the new guidance summary.