|Date||3 May 2006|
|Offeror/applicant||Kirby (Alexandre Daniel) of United Kingdom|
|Ultimate applicant beneficial ownership||100 percent - United Kingdom|
|Beneficial overseas ownership|
|- Asset current||0 percent|
|- Asset proposed||100 percent|
|- Share current||N/A|
|- Share proposed||N/A|
|Offeree(s)/seller(s)||Keating (Michael Anthony and Dawn Patricia) of New Zealand|
|Business activities||Lifestyle Property|
|Details of land involved||1.1542 hectares of freehold situated at 4316 State Highway 23, Raglan being CT SA66B/806 (South Auckland Registry).|
|Consent sought||To acquire:|
The application has been approved as it met the criteria.
The Overseas Investment Office is satisfied that the individuals with control of the Applicant collectively have business experience and acumen relevant to the overseas investment, and that the Applicant has demonstrated financial commitment towards the overseas investment. The Overseas Investment Office is further satisfied that each individual that exercises control over the Applicant is of good character and is not an individual of the kind referred to in section 7(1) of the Immigration Act 1987.
The Applicant who has applied for New Zealand permanent residency under the Skilled Migrant category, proposes to acquire the subject property as a permanent residence for himself and his family.
The Applicants are demonstrating a commitment to New Zealand through applying for and taking up New Zealand permanent residency.
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