Overseas Investment Office
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Search complete. 7 mentions across 4 episodes found for "Overseas Investment Office".
Sep 10, 2026
speaker_1HOST
New Zealand lowers investment barriers in its push for economic growth.
speaker_0HOST
New Zealand has cut Overseas Investment Office application fees as the government seeks to make the country more attractive to international capital.
speaker_0HOST
The changes reduce compliance costs for overseas investors while retaining the screening system governing foreign investment.
speaker_0HOST
The policy matters because New Zealand is trying to improve productivity and economic growth while competing with other economies for mobile global capital.
Penny MilesCORRESPONDENT
Corozal New Zealand has purchased the site largely planted in Radiator Pine for $4 million.
Penny MilesCORRESPONDENT
The purchase passed the National Interest Test through the Overseas Investment Office.
Penny MilesCORRESPONDENT
And lastly too, the Prime Minister Christopher Luxon has this morning opened a new state-of-the-art milk powder plant in Christchurch.
Penny MilesCORRESPONDENT
It's part of a $100 million expansion by Goodman Fielder, boosting UHT production, including high-protein milk products, for export to China and Southeast Asia.
Jo LuxtonGUEST
He has questions to answer there as well.
Jo LuxtonGUEST
When we were also in government, we made changes to the Overseas Investment Office where people that wanted to invest in forestry had to prove a benefit to New Zealand.
Jo LuxtonGUEST
The current government has loosened that in 2025.
Jo LuxtonGUEST
In 2023 we also handed it to communities to have a say in whether they agreed with conversions or not.
Charlotte StockmanGUEST
So this is a little bit outside my wheelhouse and would typically be dealt with more by, like, a property lawyer.
Charlotte StockmanGUEST
But there is a process you can go through with the Overseas Investment Office.
Charlotte StockmanGUEST
And someone can do this at any point, so there isn't actually a threshold of to how long you have to have been in New Zealand to apply through the Overseas Investment Office.
Charlotte StockmanGUEST
Um, but they can actually approve you to purchase property without holding a resident visa.
Charlotte StockmanGUEST
I don't know a massive amount about that.
Charlotte StockmanGUEST
Not, not my wheelhouse, unfortunately.
LizHOST
Mm-hmm.
Charlotte StockmanGUEST
I know it's possible, and I have had some clients go through that Overseas Investment Office process, um, before they've been deemed what we call ordinarily resident to purchase a home.