Overseas Investment Office - Latest News [Page 1]
First Penalty Against An Overseas Investor Leasing Land Without Consent
Wednesday, 28 April 2021, 11:56 am | Overseas Investment Office
The Auckland High Court has ordered an overseas investor to pay a penalty of $49,000 and $15,000 in costs for failing to get consent from the Overseas Investment Office (OIO) before entering a long-term lease. This is the third court ordered penalty ... More >>
Overseas Investors Must Continue To Notify OIO
Wednesday, 2 September 2020, 9:32 am | Overseas Investment Office
The Overseas Investment Office is reminding overseas investors and their advisors to continue to notify all relevant overseas investments in New Zealand. This follows the Government retaining the temporary emergency notification process in the Overseas ... More >>
New Rules Around Overseas Investment Support Economic Recovery
Tuesday, 16 June 2020, 10:03 am | Overseas Investment Office
The Overseas Investment Office is urging the business community to ensure they are up to speed with law changes for overseas investment coming into effect today. Group Manager Vanessa Horne says the changes to the Overseas Investment Act will impact ... More >>
Overseas investors ordered to sell historic Waikato hotel
Friday, 9 August 2019, 10:54 am | Overseas Investment Office
The Overseas Investment Office (OIO) has ordered overseas investors to sell a historic Waikato hotel complex after they failed to follow through with an agreed redevelopment. More >>
OIO reaches settlement after investigating Agria Singapore
Thursday, 20 December 2018, 4:32 pm | Overseas Investment Office
The Overseas Investment Office (OIO) has reached a settlement agreement following its investigation into the good character of Agria Singapore and former PGG Wrightson chair Alan Lai. More >>