| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision Date | 14 September 2016 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in approximately 74.5000 hectares of land at 250 Oamaru-Alma Road, Oamaru, Waitaki. |
| Asset Value | $1,500,000 |
| Applicant | Karl Ulrich Rudolph and Renate Hannelore Rudolph Germany (100.0%) |
| Vendor | David Philip More and Denise Margaret More as trustees of the Glenview Family Trust New Zealand (100.0%) |
| Background | The Applicant intends to migrate to New Zealand and reside in New Zealand indefinitely. The overseas investment transaction has satisfied the criterion in section 16(1)(e)(i) of the Overseas Investment Act 2005. |
| More information | Matthew Edwards Berry & Co PO Box 179 QUEENSTOWN 9348 |