Applicant
Kiroshka (Alla Igorevna)
Case number(s)
200710050
Decision date
Type
Decision
Decision number200710050
Application number200710060
Date16 May 2007
Offeror/applicantKiroshka (Alla Igorevna) of South Africa
Ultimate applicant beneficial ownership100 percent - South Africa
Beneficial overseas ownership 
- Asset current0 percent
- Asset proposed100 percent
- Share currentN/A
- Share proposedN/A
Offeree(s)/seller(s)Whittaker (Caroline Elizabeth and Mark David) of New Zealand
Business activitiesLifestyle Property
Details of land involved5.559 hectares of freehold situated at 635 Barkers Road, Loburn, RD2, Rangiora 7472, Canterbury. being CT 168287 (Canterbury Registry).
Regions involvedCanterbury
Total consideration$667,500
Consent soughtTo acquire an interest in land which, either alone or together with any associated land of that type, is or includes non-urban land and exceeds 5 hectares in area.
Rationale

The application has been approved as it met the criteria.

The Overseas Investment Office is satisfied that the Applicant has business experience and acumen relevant to and is demonstrating financial commitment towards the investment. The Overseas Investment Office is further satisfied that the Applicant is of good character and not the kind of person referred to in section 7(1) of the Immigration Act 1987.

Background
The Applicant is intending to establish a business in New Zealand and reside in New Zealand indefinitely. The Applicant has been awarded a Long Term Business Visa through the New Zealand Immigration Service. The Applicant proposes to acquire the subject property as a permanent residence. The Applicant is demonstrating a commitment to New Zealand through applying for and taking up New Zealand permanent residency.

ContactPeter Gregg
Mackintosh Bradley & Price
PO Box 8364
CHRISTCHURCH