Back 20 May 2025

Rich Americans ready to swoop in if New Zealand relaxes home-buying ban ​  

Summary: Wealthy Americans are interested in investing in New Zealand, particularly in real estate, but are hindered by a ban on foreign home purchases. The New Zealand government is considering relaxing this ban, which was imposed in 2018 to address housing affordability concerns, as part of efforts to attract foreign capital and stimulate economic growth. The revamped golden visa program, which simplifies investment requirements, has seen a surge in applications, particularly from the US, but the home-buying ban remains a significant obstacle for many potential investors.

Link: https://www.businesstimes.com.sg/international/global/rich-americans-ready-swoop-if-new-zealand-relaxes-home-buying-ban