Can non-residents buy property in New Zealand?

Oct 9, 2019 12:08:51 PM

In late October 2018, the Overseas Investment Amendment Bill came into effect. While the changes to the bill restrict certain overseas people from buying residential land and existing properties in New Zealand, there are still opportunities for overseas investors who want to buy residential land to build on, as well as for residence-class visa holders who don’t currently live in New Zealand but want to buy a home here.

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Topics: Buying, NZ Finance, NZ Mortgage Adviser, Home Loan Advice, Non-resident buyers, Non-resident lending