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New Zealand citizens and 'ordinarily resident' permanent residents have freedom in property purchases. Most overseas individuals cannot buy real estate, but holders of a residence class visa, not 'ordinarily resident,' can acquire one home with Overseas Investment Office consent. Pre-approval, valid for up to a year, offers flexibility. Rules apply to 'Residential Land' as per the Overseas Investment Act, covering 'residential' or 'lifestyle' property categories in the District Valuation Roll.

Newport Residences Link

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December 18, 2023

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Lentoria Link

December 18, 2023

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Watten Link

December 19, 2023

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