Applicant
Jeanne Nicole Bathgate and Ian Bathgate
Case number(s)
201420034
Decision date
Type
Decision
DecisionConsent granted
Section 12(a) Overseas Investment Act 2005
Decision date20 October 2014
Investment

An overseas investment in sensitive land, being the Applicant's acquisition of:

  • a freehold interest in approximately 22.2700 hectares of land at Old House Road, Upper Moutere, Nelson; and
  • a freehold interest in approximately 20.2343 hectares of land at Old House Road, Upper Moutere, Nelson.
Consideration$1,618,000
ApplicantJeanne Nicole Bathgate and Ian Bathgate
United Kingdom (100%)
Vendor

Thomas Gordon Hewetson
New Zealand (100%)

Philip Arnold Jones, Sheryl Kathleen Jones and P & M Trustees (Jones) Ltd
New Zealand (100%)

Background

The Applicants have applied for New Zealand permanent residence, intend to reside indefinitely in New Zealand and are acquiring the properties to establish a vineyard and to reside on.

The overseas investment transaction has satisfied the criterion in section 16(1)(e)(i) of the Overseas Investment Act 2005.

More informationNigel McFadden
McFadden McMeeken Phillips
PO Box 656
NELSON 7040