New Zealand is an investment friendly country. However consent from the Overseas Investment Office is needed for some business and land transactions. The Overseas Investment Act 2005 has set up a regime for screening acquisitions of business assets or sensitive land by overseas persons.
Brookfields has provided overseas investment advice to a number of internationally based clients and has a wealth of experience in guiding overseas investors through the intricacies of the New Zealand overseas investment regime.
Proper and clear advice should be sought whenever there is a potential risk that the overseas investment requirements might come in to play as a breach of those requirements has serious consequences for vendors and overseas purchasers alike.
We can advise you on doing business in New Zealand including:
- Obtaining consent under the Overseas Investment Act
- Ongoing compliance with approval conditions
- Financing including debt and equity finance
- Trade practices
- Property law
- Environmental compliance and consents
- Treaty of Waitangi and Maori issues
- Employment issues
- Immigration and visas
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