New Zealand relaxes rules on foreigners owning property

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WELLINGTON New Zealand will allow wealthy foreign investors to buy property , partially reversing a seven-year ban that had aimed to cool soaring prices. The ban, pushed by the center-left government of former prime minister Jacinda Ardern in 2018, aimed to reign in the South Pacific nation's booming housing prices, blamed at the time on record migration levels and a shortage of housing stock. Australians, at the time the second most common foreign buyers after Chinese, were exempt due to free

New Zealand relaxes rules on foreigners owning property https://www.hurriyetdailynews.com/ - 02.09.2025 09:44

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New Zealand relaxes rules on foreigners owning property https://www.hurriyetdailynews.com/ - 02.09.2025 09:44