Property News · June 10, 2020

Overseas investor fined $500k for buying property without OIO consent


An overseas investor has been ordered to pay more than $500,000 in penalties after buying a property without approval from the Overseas Investment Office.The High Court today released its judgment regarding Chor Ltd and its shareholders…

Source : nzherald.co.nz/Property
Read more…Overseas investor fined 0k for buying property without OIO consent