| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision Date | 16 September 2015 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in approximately 492.4204 hectares of land at 414 Te Apiti Road, Kairakau, Central Hawkes Bay. |
| Consideration | $1,700,000 |
| Applicant | Curt Dee Zant and Tricia Dawn Zant |
| Vendor | Ghurka Trustee Limited as trustee of the Robert Fisher No.2 Trust |
| Background | Curt and Tricia Zant intend to immigrate to New Zealand and reside in New Zealand indefinitely. The property being acquired is a sheep and beef breeding and finishing farm in the Central Hawkes Bay. The Applicants intend to live at the property and operate the farm. The overseas investment transaction has satisfied the criterion in section 16(1)(e)(i) of the Overseas Investment Act 2005. |
| More information | Charlie Brown Rhodes & Co. PO Box 13444 CHRISTCHURCH |