In this episode, we discuss Labour's 'foreign buyer ban,' which was originally introduced in 2018. The purpose was to stop foreigners from buying up NZ properties and pushing prices up.
We discuss the rules, along with who can buy and who can only buy properties that are specifically exempt.
We also mention this tool which has been built by the New Zealand government, which you can use to assess whether and what sort of property you can buy in New Zealand.
Finally, we wrap up the show by talking about our upcoming property investment webinar. This is happening on Tuesday 16th of February from 7pm. Here, Andrew and Ed will debate whether you should invest in main cities or small towns.
The Property Academy Podcast