Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) legislation significantly impacts the New Zealand real estate sector, encompassing both property purchases and commercial leases. The primary aim of the AML/CFT Act 2009 is to detect and deter money laundering and terrorism financing, thereby protecting New Zealand's financial system and international reputation. The Scope of...
by Jim Young
WELLINGTON, 1 September 2025 — The Government has unveiled changes to New Zealand’s Active Investor Plus(AIP) programme, offering wealthy migrants new opportunities to purchase residential property and invest in housing development. The update allows overseas investors who hold or obtain an investor residence visa to buy or build one home worth at least NZ$5 million, a move aimed at...
by Jim Young
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...
by Jim Young
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