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Can't this easily be avoided by purchasing through a New Zealand company? What stops NZ residents (or non-residents) holding RE through corporate entities from
by charlesdm 9y ago
Can't this easily be avoided by purchasing through a New Zealand company?
What stops NZ residents (or non-residents) holding RE through corporate entities from selling their shares and indirectly transferring ownership?
Will be interesting to see how it's implemented.
- gorkish 9y agoNothing; this is what I was going to suggest. If you are the sort of person who is wealthy enough to cause housing prices to inflate to the point that it becomes a national crisis, I would be rather surprised to learn that you are NOT buying your real estate through a local shell company of some sort.