How You Can Buy A Home In New Zealand Even If You Aren’t A Resident

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How You Can Buy A Home In New Zealand Even If You Aren’t A Resident
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How you can buy a home in New Zealand, a Forbes top-ranked country for doing business, even if you aren’t a resident

—tightened the rules about who can purchase property in the country, limiting ownership rights to only those that were citizens, tax residents, spouses of the aforementioned or citizens of Australia and Singapore . However before the legislation was approved lawmakers had to appease the opposition by allowing for some overseas buyers, particularly those that would bring investment money into the country’s economy.

—a 7,200 square foot unit for $15.3 million in New Zealand dollars . Liddell, a New Zealand-born U.S. citizen, serves as the Deputy Chief of Staff for Policy Coordination in the Trump Administration.are estimated as being owned by foreign buyers, the number rises to 22 percent when it comes to the country’s capital of Auckland, where median sales prices have risen rapidly to $547,000 USD, compared to $361,000 for the rest of the country.

Here’s a look at a few other condo buildings that have been granted the same foreign buyer exemptions as The International. As pictured above, the penthouse at

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