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New Zealand · NZD

Real estatein New Zealand

New Zealand banned most foreign buyers in 2018, with exceptions for Australians and Singaporeans. The LIM report is essential due diligence. sivrce opens with Auckland, Wellington and Christchurch.

Registry path
Title checked
3D map
0%no transfer duty
ConsentOverseas Investment Act for non-residents
2 yrbright-line from July 2024
Bondheld by Tenancy Services, not the landlord
What a purchase really costs

$900,000 home in New Zealand

Lawyer & LIM/title checks (≈0.5%)
$4,500
Cash needed at closing
$904,500

≈ +0.5% over the price. New Zealand charges no transfer duty at all — the closing costs are lawyer (≈0.5%), LIM and title checks. The gate for foreigners is the Overseas Investment Act: residential land needs consent unless you are a citizen, resident, or Australian/Singaporean. Bright-line (capital gains on resale) tapered to two years from July 2024.

Rentals run on rules

The rent side, in three lines

  • Deposits run two to four weeks as bond, held by Tenancy Services.
  • Standard leases are 12 months, then periodic with 63-day notice.
  • Healthy Homes standards are mandatory — a non-compliant rental is a discount, not a deal.

Auckland prices off a harbor and immigration; Christchurch off the rebuild stock; Wellington off government wages.

The Overseas Investment Amendment Act 2018 banned most non-resident foreign buyers from purchasing existing residential property. Australians and Singaporeans are exempt. New-build is generally allowed.

The LIM (Land Information Memorandum) report is the critical due-diligence document: flood risk, contaminated land, building consents, rates arrears. Do not buy without it.

sivrce.com/nz is the canonical New Zealand URL. Listings publish only when verified.

FAQ

Can a foreigner buy in Auckland?
Most non-residents: no. Australians and Singaporeans are exempt. New-build is generally allowed for others.
What is a LIM report?
Land Information Memorandum: a council report covering flood risk, contaminated land, building consents, rates arrears and everything else the council knows about the property.

All markets: sivrce.com · Georgia marketplace: sivrce.ge · Prices and availability are published only when a verified listing exists. Market currency: NZD.