New Zealand generally encourages overseas investments from all countries. However there are certain restrictions and in some cases approval to purchase may be required by overseas purchasers. This approval is administered by the Overseas Investment Office (OIO) a department of the New Zealand Government.
Click here for more information please visit the Overseas Investment.
The following is a brief description of when consent is required, however if there is any doubt intending purchasers should obtain the appropriate advice.
When is consent required?
Area: Where the land exceeds 5Ha in area
Foreshore: Where the land includes foreshore/seabed (irrespective of area) or exceeds 0.2Ha and adjoins foreshore/seabed
La Lakes: Where the land exceeds 0.4Ha in area and adjoins the bed of a la lake.
Reserves: Where the land exceeds 0.4Ha and includes or adjoins a reserve, park or conservation land.
Islands: Any land on most off-shore islands.
Historic Places: Where the land exceeds 0.4Ha and includes or adjoins most historic heritage areas.
Overseas Buyers
