New Zealand Opens Doors to Overseas Investors for Home Ownership under Active Investor Plus Visa

Overseas-based investors with a New Zealand investor residence visa can now buy a house in New Zealand to stimulate economic growth, despite the ban on foreigners purchasing residential housing. The Active Investor Plus residency visa, requiring a minimum investment of $5 million, aims to attract high net worth individuals to deepen their connection to New Zealand and contribute to the economy by allowing them to own a home. This policy change balances the desire to limit foreign ownership while attracting significant investors to invest in the country, potentially bringing in a total minimum investment of $1.8 billion.