Applicant
Anna and Liviu Fridman
Case number(s)
201020001
Decision date
Type
Decision
DecisionConsent Granted
Section 12(a) Overseas Investment Act 2005
Decision date28 July 2010
Investment

An overseas investment in sensitive land, being the Applicant's acquisition of:

  • a freehold interest in 2.5817 hectares of land at The Coastal Highway, Tasman District; and
  • a freehold interest in 13.7494 hectares of land at Williams Road, Tasman District; and
  • a freehold interest in 19.4240 hectares of land at Horton Road, Tasman District.
Consideration$1,364,625
ApplicantAnna and Liviu Fridman
Israel (100%)
VendorSebastien Vineyard Limited
Russell Arthur Poole, New Zealand (50.0%)
Claudia Anne Poole, New Zealand (50.0%)
Background

The Applicants are Israeli citizens intending to reside in New Zealand indefinitely. They have been granted Long Term Business Visas, and intend to develop an olive orchard on the land.

The overseas investment transaction has satisfied the criteria in section 16 of the Overseas Investment Act 2005.

More informationKathy Carr
C & F Legal Ltd
PO Box 1049
Nelson 7040