Are foreigners allowed to own property in New Zealand?
When we asked expats in New Zealand if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in New Zealand. Non-residents and non-citizens can purchase residential and commercial property in New Zealand, however, they must obtain approval from the Overseas Investment Office (OIO) before they can purchase any property. The OIO will assess the application to ensure that the purchase is in the best interests of New Zealand and meets the criteria set out in the Overseas Investment Act 2005," wrote a member who made the move to New Zealand.
Connect
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What should I pack when moving to New Zealand?
- Where should I setup a bank account in New Zealand?
- Will I be able to find a job in New Zealand?
- What is life like in New Zealand?
- What do expats in New Zealand appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in New Zealand?
- Is there a lot of diversity? Are people in New Zealand accepting of differences?
- What are the schools in New Zealand like?
- What are healthcare services like in New Zealand?
- What are medical services in New Zealand like?
- Are healthcare and health insurance expensive in New Zealand?
- What are emergency services like in New Zealand?
- Will I need to travel to see a specialist?
- Are common prescription medications available in New Zealand?
- How are local medical facilities in New Zealand?
- As a foreigner living in New Zealand, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Are foreigners allowed to own property in New Zealand?
If you live in New Zealand, newcomers to New Zealand would love to hear your answer to this question: