Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
---|---|
Decision date | 23 April 2012 |
Investment | An overseas investment in sensitive land, being the Applicant’s acquisition of a freehold interest in 9.1970 hectares of land at Western Lake Road, South Wairarapa. |
Consideration | $300,000 |
Applicant | Europa Research, LLC James F. Cameron, Canada (100.0%) |
Vendor | Victoria Ann Shaw & Jeremy Richard Bennett New Zealand (100%) |
Background | James F. Cameron and his family intend to reside indefinitely in New Zealand. They are acquiring the land as part of a larger acquisition of land in South Wairarapa which they will use as a residence and working farm. The overseas investment transaction has satisfied the section 16(1)(e)(i) criterion of the Overseas Investment Act 2005. |
More information | Andrew Petersen Bell Gully PO Box 4199 AUCKLAND 1140 |