[Diny]

Hi folks, I wonder if any of you can help me with this.

A good friend of ours has been asking us for this info. I keep saying I'll see what I can find out (and promptly keep forgetting to ask) so here goes.

What are the rules/conditions/possibilites of a non resident buying a property in NZ and using it as a holiday home.

I don't think they would want to rent it out between their visits. I know that a 'normal' holiday/visitors visa is valid for 6 months (or is it 9), but how long do you have to be out of NZ before you can re-enter.

I think he'd like to buy a property and spend his time between the UK and NZ.

Any clues where I can find this info. I've had a quick look at the NZIS website but I find navigating my way through its pages quite confusing.

Any comments will be appreciated. Many thanks

Diny

[veronica]

can't answer on the timing with the tourist visas but non residents can buy houses but there is a limit on the amount of land they can buy. I think it was 5 acres but it could have been 5 hectares. as far as I am aware that is the only restriction.

[Diny]

Thanks for that Veronica

I don't think he wants any land, just a house.

Diny

[Beach Kiwi]

Here's the 'good oil' from the Overseas Investment Commission: CLICK ME (http://www.oic.govt.nz/invest/property.htm) :cool

[Diny]

Thanks for that - I'll forward it to him.

Diny

[Graham Barnes]

I think that the standard visitor's visa lasts for 6 months, which is the longest that you can spend in NZ on an annual basis.
OR...there is an option where you can spend up to nine months continuously; but if you do this, this is your allowance for 2 years (i.e. cannot return to NZ for another 15 months).