Updates filtered by: Foreign Ownership

Member's Bill: Land Transfer (Foreign Ownership of Land Register) Amendment Bill

The purpose of this Bill is to provide vital information on the extent of foreign ownership of New Zealand. This Bill proposes a comprehensive register of all foreign owned New Zealand land. The register will record names and nationalities, the amount and value of land, and the regions in which the land is situated. Purchasers will provide the information for the register. The register is intended to be a resource for policy-makers and the general public, who will be able to gauge the extent of foreign landholdings across New Zealand as well as within their own local communities.