{"id":117018,"date":"2020-06-10T08:11:49","date_gmt":"2020-06-10T01:11:49","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/overseas-investor-fined-500k-for-buying-property-without-oio-consent\/"},"modified":"2020-06-10T09:04:15","modified_gmt":"2020-06-10T02:04:15","slug":"overseas-investor-fined-500k-for-buying-property-without-oio-consent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/overseas-investor-fined-500k-for-buying-property-without-oio-consent\/","title":{"rendered":"Overseas investor fined $500k for buying property without OIO consent"},"content":{"rendered":"<p>&#013;<br \/>\nAn 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&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/property\/news\/article.cfm?c_id=8&amp;objectid=12338760&amp;ref=rss\" target=\"_blank\">Overseas investor fined 0k for buying property without OIO consent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; An overseas investor has been ordered to pay more than $500,000 in penalties after buying&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-117018","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uro","jetpack-related-posts":[{"id":87221,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-investment-interest-strong-as-ever-despite-oio-data-drop-expert\/","url_meta":{"origin":117018,"position":0},"title":"Foreign investment interest &#039;strong as ever&#039; despite OIO data drop: expert","date":"May 6, 2018","format":false,"excerpt":"\r Foreigners' interest in buying New Zealand assets was as strong as ever, despite Overseas Investment Office data showing a decline this year, an expert says.Greg Knowles, a KMPG tax deal advisory partner, agreed the numbers from...\r \r Source : nzherald.co.nz\/Property\r Read more...Foreign investment interest 'strong as ever' despite OIO\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121004,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/overseas-investor-associate-fined-170k-for-not-seeking-consent-in-sensitive-land-purchase\/","url_meta":{"origin":117018,"position":1},"title":"Overseas investor associate fined $170k for not seeking consent in sensitive land purchase","date":"July 22, 2021","format":false,"excerpt":"\r The associate of an overseas investor has been fined more than $170k for not seeking approval for a sensitive land purchase near Auckland. Clevedon Kawakawa Road Limited completed a purchase of sensitive land for overseas businessman...\r \r Source : nzherald.co.nz\/Property\r Read more...Overseas investor associate fined 0k for not seeking\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oio-probe-into-motukawaiti-island-sale-fails-to-uncover-enough-evidence-to-prosecute\/","url_meta":{"origin":117018,"position":2},"title":"OIO probe into Motukawaiti Island sale fails to uncover enough evidence to prosecute","date":"February 2, 2016","format":false,"excerpt":"\r A five-year investigation into the sale of Motukawaiti Island near Northland's Matauri Bay failed to turn up enough evidence for the Overseas Investment Office to launch a prosecution.The Land Information NZ unit closed its probe...\r \r Source : nzherald.co.nz\/Property\r Read more...OIO probe into Motukawaiti Island sale fails to uncover\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118601,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-suitor-gets-oio-consent-as-shareholder-vote-looms\/","url_meta":{"origin":117018,"position":3},"title":"Metlifecare suitor gets OIO consent as shareholder vote looms","date":"September 14, 2020","format":false,"excerpt":"\r A Swedish-based private equity firm is a step closer in its attempt to buy one of New Zealand's biggest retirement businesses having passed a key regulatory hurdle.Metlifecare, with a $1.2 billion market capitalisation, told shareholders...\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare suitor gets OIO consent as shareholder vote looms","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62663,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tobacco-magnate-buys-second-kerikeri-property\/","url_meta":{"origin":117018,"position":4},"title":"Tobacco magnate buys second Kerikeri property","date":"August 3, 2017","format":false,"excerpt":"\r The head of the world's biggest tobacco company has been given approval to buy a second property near Kerikeri just weeks after buying a 316ha Bay of Islands farm.The Overseas Investment Office (OIO) revealed this week it had granted...\r \r Source : nzherald.co.nz\/Property\r Read more...Tobacco magnate buys second Kerikeri\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78029,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-presses-on-with-plan-to-shut-door-to-foreign-home-buyers-oio-submissions-to-close-today\/","url_meta":{"origin":117018,"position":5},"title":"Government presses on with plan to shut door to foreign home buyers, OIO submissions to close today","date":"January 25, 2018","format":false,"excerpt":"\r The estate agent who sold this country's most costly home is afraid of the global message when New Zealand bans foreigners from buying our houses.\"Are we seriously going to become fortress New Zealand and we absolutely want no one...\r \r Source : nzherald.co.nz\/Property\r Read more...Government presses on with plan\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117018"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=117018"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117018\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}