Decision Summary - Jensen (Henrik) & Voysey (Alison)

Decision number 200810044
Application number 200810030
Date 26 May 2008
Offeror/applicant Jensen (Henrik) & Voysey (Alison)
Ultimate applicant beneficial ownership 50 percent - United Kingdom, Voysey (Alison)
50 percent - United Kingdom, Jensen (Henrik)
Beneficial overseas ownership
- Asset current 0 percent
- Asset proposed 100 percent
- Share current N/A
- Share proposed N/A
Offeree(s)/seller(s) DHM Laboratory Limited
50 percent - New Zealand, Brake (Sophie Elizabeth)
50 percent - New Zealand, Brake (Richard John)
Business activities Lifestyle Property
Details of land involved 40.784 hectares of freehold situated at 463 Wairamarama Road, Onewhero, South Auckland being CT 190803 (South Auckland).
Regions involved South Auckland
Total consideration $1,158,750
Consent sought To acquire an interest in land which, either alone or together with any associated land of that type, is or includes non-urban land and exceeds 5 hectares in area.
Rationale

The application has been approved as it met the criteria.

The Overseas Investment Office is satisfied that the Applicants have business experience and acumen relevant to the overseas investment, and that the Applicants have demonstrated financial commitment towards the overseas investment.

The Overseas Investment Office is further satisfied that each of the Applicants is of good character and is not an individual of the kind referred to in section 7(1) of the Immigration Act 1987 and that the Applicants are intending to reside in New Zealand indefinitely.

Background to the Investment:
The Applicants have recently immigrated to New Zealand from England. Henrik Jensen is a professional chef. Alison Voysey is a registered nurse.

Outline of the investment:
The Applicants are purchasing the freehold interest in the land and all existing improvements.

Rationale for the Investment:
The land is a lifestyle block. Purchasing it will allow the Applicants to:

  1. live in New Zealand indefinitely; and
  2. farm a small number of sheep and beef on a non-commercial basis.
Contact Kim-Shiree Hawkins
Franklin Law
PO Box 43
PUKEKOHE

Download a printable version of this summary (pdf 23KB).