Partner Geoff Caradus discusses foreign buyer ban on purchasing residential property

In a recent episode of NZ Everyday Investor Podcast, confronting the question of whether foreign buyers are still active in the market and responsible for the current housing boom, our Overseas Investment Act expert Geoff Caradus, Partner discusses the foreign buyer ban on purchasing residential property in New Zealand and how effective it has been. He also explains in simple terms who is considered under Overseas Investment Act to be an ‘overseas person’ and thereby caught by the ban currently in place.