Commercial

Auckland, NZ –  – Auckland is currently experiencing its most intensive and largest-scale construction boom in a decade, with tens of billions of dollars being poured into transformative projects across the region. From the nascent coastal city of Beachlands South to the industrial core of Wiri, and extending to growth hubs like Westgate, East Tāmaki, and Drury, the city's landscape and economic...

Goods and Services Tax (GST) in New Zealand is a broad-based consumption tax applied to most goods and services, currently at a rate of 15%. While seemingly straightforward, its application to real estate transactions in New Zealand can be complex, impacting everyone from individual homeowners to large-scale developers and commercial investors. This article delves into the nuances of GST in various real...

Foreign Buyers of NZ Property: What’s Allowed Today New Zealand law strongly limits overseas buyers of property. In general, foreign persons cannot buy existing homes or rural land unless they first get permission from the government. The Overseas Investment Act (OIA) requires most overseas property purchases to be approved by the Overseas Investment Office (OIO) in Land Information NZ. Under the...