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Here are the main visa pathways and investment strategies that can make overseas buyers (excluding Australians and Singaporeans) eligible to purchase residential property in New Zealand:
Visa Pathways to Property Ownership
1. Residence-Class Visa + “Ordinarily Resident” Status
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If you hold a residence-class visa and have lived in New Zealand for at least 183 days in the past 12 months, you may be considered “ordinarily resident”.
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This status allows you to buy residential property without Overseas Investment Office (OIO) consent.
2. One Home to Live In Consent
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If you're not yet “ordinarily resident,” you can apply for OIO consent to buy one home to live in.
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Requirements:
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Must intend to live in the property as your main home.
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Must move in within 3 months of purchase.
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Must maintain visa status and physical presence.
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Pre-approval is available for up to 12 months, useful for auctions.
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3. Active Investor Plus Visa
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Designed for high-net-worth individuals investing NZD $15 million or more.
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Holders may be eligible to buy residential property valued over NZD $5 million without needing standard OIO consent.
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This exemption is expected to be streamlined soon.