I was thinking of moving to new zealand next year, but i found out that foreigners are restricted when it comes to

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Customer: Hello, I was thinking of moving to new zealand next year, but i found out that foreigners are restricted when it comes to buying properties!
JA: What state are you in? It matters because laws vary by location.
Customer: I wanted to know what are the chances of being able to purchase a house there, i don't intend to stay there more than 6months per year. Just visiting on a holiday visa
JA: What steps have you taken so far?
Customer: I'm in Qatar not the usa. nothing yet i was just looking at house prices
JA: Is there anything else the Lawyer should know before I connect you? Rest assured that they'll be able to help you.
Customer: I believe thats all. thank you very much
Answered by Chris The Lawyer in 35 mins 11 months ago
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Chris The Lawyer
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Chris The Lawyer, Expert

Hi My name is ***** ***** I am a New Zealand lawyer based in Wellington with more than 42 years of experience. I am here to help with your questions.
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Chris The Lawyer, Expert

It is correct that non residents and non citizens cannot freely buy property in New Zealand. It is possible to get permission but very difficult. It is only when you become a permanent resident that you would be able to buy a property in New Zealand
Customer
do you know on which criteria they give permission to buy?
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Chris The Lawyer, Expert

The primary test would be as follows

How commitment to reside in New Zealand test is met

(1)

The commitment to reside in New Zealand test is met if all of the following are met:

(a)

the relevant Ministers are satisfied that—

(i)

every key individual is a qualifying individual; and

(ii)

the purpose of acquiring the relevant interest in the residential land is the acquisition of 1 dwelling (whether that dwelling is constructed on, or is being or will be constructed on, the residential land) for all of the key individuals to occupy as their main home or residence; and

(b)

every key individual who is an overseas person (an OP) (if any) provides a statutory declaration that the OP intends,—

(i)

at least until the declaration end date, to be present in New Zealand for at least 183 days in every 12-month period beginning on the date of consent or its anniversary in any year; and

(ii)

(if not already tax resident in New Zealand) to become tax resident in New Zealand; and

(iii)

to remain tax resident in New Zealand at least until the declaration end date.

(2)



Customer
Thank you so much sir I figure they only need to be sure it's to live in and not investors buying up alot of properties! Its not as hard i thought :)
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Chris The Lawyer, Expert

That is correct, but you must first get residency, and then stay for the necessary minimum time each year

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