|Date||14 August 2006|
|Offeror/applicant||Carlton (Robert Jon) and Roberts-Carlton (Susan Mary) of United States of America|
|Ultimate applicant beneficial ownership||100 percent - United States of America|
|Beneficial overseas ownership|
|- Asset current||0 percent|
|- Asset proposed||100 percent|
|- Share current||N/A|
|- Share proposed||N/A|
|Offeree(s)/seller(s)||Marett (Jonathan and Veronica Mary) of New Zealand|
|Business activities||Lifestyle Property|
|Details of land involved||9.0465 hectares of freehold situated at 55 Alpine Road, Kaukapakapa being CT NA79B/278 (North Auckland Registry).|
|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.|
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 and are demonstrating financial commitment towards the investment. The Overseas Investment Office is further satisfied that the Applicants are of good character and not the kind of persons referred to in section 7(1) of the Immigration Act 1987.
The Applicants are intending to reside in New Zealand indefinitely and have engaged an Immigration Consultant to make an application for New Zealand permanent residency under the Skilled Migrant category. The Applicants propose to acquire the subject property as a permanent residence. The Applicants are demonstrating a commitment to New Zealand through applying for and taking up New Zealand permanent residency.
Grove Darlow & Partners
P O Box 2882