Update – New Rule: Interest Rate rise for 5 or more rentals Some of you will be aware that the RBNZ has been looking at introducing new capital requirements which would essentially make a new asset class and would mean banks would have to have more capital for lending to what it considers “professional property…
Read MoreTrusts and property investments – What you should know
In New Zealand, commonly used legal structures for holding investment properties include personal name, trusts, and look-through companies. Each have their own benefits and drawbacks, and their usage will vary depending on the user’s circumstances. This article provides background information on the Look-through Company, and the benefits and drawbacks associated with using this legal structure…
Read MoreIn New Zealand, commonly used legal structures for holding investment properties include personal name, trusts, and look-through companies. Each have their own benefits and drawbacks, and their usage will vary depending on the user’s circumstances. This article provides background information on the Look-through Company, and the benefits and drawbacks associated with using this legal structure…
Read MoreProperty and Investor Migrants
Migrants who wish to move to New Zealand can do so via a number of options, such as bringing essential skills to New Zealand, or investing in the New Zealand economy. For potential migrants who wish to use investment as a vehicle for gaining residence in New Zealand, there are two Migrant Investment categories. Investor…
Read MoreYou are not a New Zealand resident and you are considering investing in New Zealand property. Does your investment need to be approved by the New Zealand Government’s Overseas Investment Office? Here are some facts you should know in order to avoid potential legal issues associated with your investment in New Zealand. Overview Your property…
Read MoreBuying a property is a big purchase. Get it wrong and it could set you back years. Get it right and it could propel you forward. Know Yourself Before you launch yourself at the sales agent – do a little research so that you don’t waste your time: Buying Power. Know exactly what you…
Read MoreNZ Based Buyers Agents
Are you an ex-pat Kiwi? Many dream of owning their own little slice of unspoilt New Zealand. We know what it’s like to attempt a purchase while living on the other side of the world. There are some real challenges: Access to available property is limited – you can usually only see what’s on the net.…
Read MoreI’m offshore and I need help!
Joshua and Adrienne, New York, USA I had been thinking about purchasing a property for a while but living away from New Zealand made this a daunting task. Also not being familiar with local conditions did not help. Having had past experience in looking for an investment property, I also realised how time consuming searching…
Read MoreProperty Scams and How to Avoid Them
The Nature of Property Scams The nature of a really great property scam is that there is usually a lot of truth in the story, but never quite enough to make it work. Salespeople carefully guide us to focus on the hidden secrets, the nuggets of truth, the compelling factors, and subtly convince us to…
Read MoreLIM – Land Information Memorandum
A LIM is a Land Information Memorandum. A LIM is issued by the relevant city council and contains important council information relating to the property. A LIM is one important component of due diligence helping you make a decision on whether to purchase a property or not. We recommend obtaining a LIM with every residential…
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