How You Can Buy A Home In New Zealand Even If You Aren’t A Resident

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How You Can Buy A Home In New Zealand Even If You Aren’t A Resident
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Earlier this year New Zealand—a Forbes top-ranked country for doing business—tightened the rules about who can purchase property in the country

is one such building that was granted exemptions, but it did include a requirement that any owner is not allowed to rent out their units for terms shorter than six months at a time. Units in this building start around $1.5 million USD . White House advisor Chris Liddell set records here when he reportedly purchased t

—a 7,200 square foot unit for $15.3 million in New Zealand dollars . Liddell, a New Zealand-born U.S. citizen, serves as the Deputy Chief of Staff for Policy Coordination in the Trump Administration.are estimated as being owned by foreign buyers, the number rises to 22 percent when it comes to the country’s capital of Auckland, where median sales prices have risen rapidly to $547,000 USD, compared to $361,000 for the rest of the country.

Here’s a look at a few other condo buildings that have been granted the same foreign buyer exemptions as The International. As pictured above, the penthouse at

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