[Jo and Andy]

Someone told me that migrants are only allowed to buy
new houses, don't know where the source of information
is from but is it true?

Thanks

[Pimmar]

Yes, thats correct !!

you are only allowed to buy new houses
above NZ$ 400.000 :laugh


NO never heard about this, think for sure thats
not the case...
++
for migrant there is only a restriction that you
will not be permitted to buy a large section of land close
to the sea ...

[Avalon]

Its Australia that has some funny rules about buying property (but I think its only for some types of Visa),

NZ are happy to take ANY money you want to spend here - they aint fussy! They need to keep the economy going somewhere near up!

Buy away.

[foolsgold99]

There is some limit on buying large ammounts of coastal land. Can't remeber the details but you've got to be spending tens of millions to get caught by it.

[bricky]

I'm on my third house since arrival and none of them have been anything like new......

[Jo and Andy]

I will put them right.

Thanks all,