Foreign property buying stats due soon

  • Information on the number of foreigners buying New Zealand residential properties will soon be released.

A spokesperson for Land Information New Zealand Minister, Louise Upston, said the data would be out this month.

“LINZ is working to release data on property transfers and tax residency later this month,” the spokesperson said.

“This data has been collected as a result of the 2015 property tax law change.”

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Stats

For the first time New Zealanders will be able to get an accurate pictures of the number of foreign property buyers. Photo / Regan Schoultz

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