Ban on Overseas buyers purchasing New Zealand Residential Real Estate now in effect!
New overseas investment rules now live!!
The new overseas investment regime came into effect on Monday, 22 October.
From Monday 22 October, overseas people generally won’t be able to buy residential land in New Zealand unless they have a residence class visa and intend to live here.
Every residential land sale will require a Residential Land Statement which asks purchasers to confirm their eligibility to buy. Everyone, including New Zealanders, will need to complete the statement before their conveyancer can complete the transaction.
The Overseas Invest Office recommends that purchasers who do not have residence class visas see their conveyancers before signing a sale and purchase agreement. Alternatively, the sale and purchase agreement can be made conditional on the consent of the Overseas Investment Office.
for more information on market trends:
www.leoniemateerrealestate.com...
Riddle Me That: Ready to Test Your Wits?
If the prisoner tells a lie, he'll be hanged;
if he tells the truth, he'll be beheaded.
What can he say to save himself?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Poll: How should Guy Fawkes be celebrated?
While it is a fun occasion, fireworks on Guy Fawkes Night has caused much conflict over the years, upsetting our pets and disrupting the sleep of neighbours.
How should we celebrate Guy Fawkes Night? Vote in our poll and share your thoughts below.
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28.8% With a city-wide public fireworks display
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19.6% Small fireworks displays in each community
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7.7% Keep it as is
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32.9% We shouldn't celebrate it!
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10.5% Anything but fireworks
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0.4% Other - I'll share below
What's your favourite recipe for gooseberry?
Love gooseberries? Share your favourite way to enjoy them. We're looking for our readers' favourite family recipes for this delicious crop. Send yours to mailbox@nzgardener.co.nz, and if we use it in the magazine, you will receive a free copy of our December 2024 issue.