Amendments to the Overseas Investment Act means only New Zealand citizens or residents are now allowed to buy residential property unless they get a specific exemption. Photo: Bloomberg

New Zealand grants developer of Auckland tower exemption under anti-foreign buyer law

  • Hengyi, developers of The Pacifica, granted an exemption by New Zealand’s Overseas Investment Office, allowing them to sell to foreigners
Topic |   International Property

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Amendments to the Overseas Investment Act means only New Zealand citizens or residents are now allowed to buy residential property unless they get a specific exemption. Photo: Bloomberg
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