RE: Overseas buyers & buying a property in NZ
Who can apply for consent to buy a property?
Since 2018, foreign buyers have been prevented from buying residential property in New Zealand. There is an exception for people who have made a commitment to living in New Zealand and hold a residence class visa.
To be considered ‘Ordinarily Resident’ a buyer must meet the following criteria:
- Hold a residence class visa, and
- Have lived in New Zealand for at least 12 months, and
- Been physically present in New Zealand for at least 183 days of the last 12 months, and
- Be a tax resident in New Zealand.
These requirements are strictly enforced and people who want to buy a home but are not New Zealand citizens need to understand the rules and be sure to follow them.
Here's Tuesday's teaser!
I’m found in socks, scarves, and mittens; and often in the paws of playful kittens. What am I?
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.
Want to stop seeing riddles in your newsfeed?
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.
Here's Thursday's thinker!
I am lighter than air, but a hundred people cannot lift me. What am I?
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.
Want to stop seeing riddles in your newsfeed?
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: Should drivers retake the theory test every 10 years?
Drivers get where they need to go, but sometimes it seems that we are all abiding by different road rules (for example, the varying ways drivers indicate around a roundabout).
Do you think drivers should be required to take a quick driving theory test every 10 years?
Vote in the poll and share any road rules that you've seen bent! 😱
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48.1% Yes
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50.1% No
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1.9% Other - I'll share below
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