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DecisionConsent granted
Section 12(a) Overseas Investment Act 2005
Decision date23 April 2012
InvestmentAn overseas investment in sensitive land, being the Applicant’s acquisition of a freehold interest in 9.1970 hectares of land at Western Lake Road, South Wairarapa.
Consideration$300,000
ApplicantEuropa Research, LLC
James F. Cameron, Canada (100.0%)
VendorVictoria Ann Shaw & Jeremy Richard Bennett
New Zealand (100%)
Background

James F. Cameron and his family intend to reside indefinitely in New Zealand. They are acquiring the land as part of a larger acquisition of land in South Wairarapa which they will use as a residence and working farm.

The overseas investment transaction has satisfied the section 16(1)(e)(i) criterion of the Overseas Investment Act 2005.
More informationAndrew Petersen
Bell Gully
PO Box 4199
AUCKLAND 1140