It’s little wonder that so many people from overseas want to invest in property in New Zealand; there’s a thriving economy and a stable political scene that’s always going to make it an attractive option. But that doesn’t mean it’s necessarily going to be a simple option, and in fact, there are plenty of things you’ll need to think about if you’re considering this idea. With that in mind, read on to find out more.
The New Zealand Market
We’re here to help with the property investment advisory services you might need, and the first step is to learn more about the New Zealand commercial property market. This is a huge market, offering opportunities in all kinds of sectors, from retail to office spaces to industrial units, and much more. So it’s wise to know what it is you want and narrow down your search before you start getting lost in all the choices you’ll have.
Legal And Regulatory Requirements
Overseas investors need to get past several legal and regulatory obstacles when they’re buying commercial property in New Zealand, so you’ve got to know what you’re going to be coming up against. One to consider, for example, is the Overseas Investment Act (OIA), which means some foreign buyers need to get consent from the Overseas Investment Office (OIO) before they can buy anything. Plus, New Zealand has specific tax regulations that overseas investors need to consider, including rules around capital gains tax and property taxes. That’s why it’s so important to work with a property investment advisory service to ensure everything is done right to minimise delays and any problems that might arise.
Are You Ready To Invest?
Investing in New Zealand’s commercial property market can offer a massive number of exciting benefits and opportunities, as long as you go about it the right way. Just contact us and we can guide you through the whole process, ensuring you’re one hundred percent satisfied. We’ve got the experience and knowledge you’re looking for, and we understand the New Zealand property market thoroughly, making us the ideal partners to work with.
