| Decision |
Consent granted |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 13 April 2023 |
| Pathway(s) | Sensitive land – intention to reside |
| Investment | Acquisition of 10.1ha at Tahawai (near Katikati), Bay of Plenty |
| Consideration | $3,250,000.00 |
| Applicant |
Veronica Ann Hartley and Julian David Hartley |
| Vendor | Andrea Toni Rae, Matthew James Prior and Geoffrey Davey Rae, as Trustees of the Geoffrey and Andrea Family Trust New Zealand (100%) |
| Background |
The Applicants are purchasing a 10.1ha property in the Bay of Plenty which contains a residence, a cottage and an orchard growing avocado and kiwifruit. Consent was granted as the Applicants met the investor test criterion, intend to obtain New Zealand residency and reside in New Zealand indefinitely. Overseas persons intending to reside in New Zealand indefinitely are not required to show that their investment is likely to benefit New Zealand. This supports migrants in the process of moving to New Zealand to make New Zealand their home. |
| More information |
Alan Lear |