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Government loosens foreign buyers ban
High value foreign investors will now be able to buy a home in New Zealand, as long as it's worth $5 million plus.The government today loosened the foreign buyers ban that was introduced in 2018 by Labour with New Zealand First's help. Caleb Paterson from Paterson Real Estate spoke to Lisa Owen.
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By RNZ
5
66 ratings
High value foreign investors will now be able to buy a home in New Zealand, as long as it's worth $5 million plus.The government today loosened the foreign buyers ban that was introduced in 2018 by Labour with New Zealand First's help. Caleb Paterson from Paterson Real Estate spoke to Lisa Owen.
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