Can overseas buyers purchase farmland in New Zealand?

General information from Lawmateanz

Overseas persons generally need consent under the Overseas Investment Act 2005 to buy farmland and other sensitive land in New Zealand.

Farmland purchases face additional requirements, including that the land must usually be advertised on the open market to New Zealanders first.

Consent is managed by the Overseas Investment Office, which assesses the benefit of the investment to New Zealand.

The rules are complex, so get legal advice before signing any agreement.

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