On 16 October 2018, the Government announced that it would be undertaking a further review of the Overseas Investment Act 2005 with the goal of better ensuring that investments by overseas persons are consistent with New Zealand’s national interest.
This review, to be led by Treasury, will build on the recently passed Overseas Investment Amendment Act 2018, which introduced a new screening regime for foreign buyers seeking to acquire an interest in residential land, as well as measures to encourage foreign investment in the forestry sector.
The Government will consult widely on options for reform. Public consultation will take place in the first half of 2019.
This page will be updated with additional information to support this process at that time. In the interim, queries can be directed to OverseasInvestmentMailBox@treasury.govt.nz