Find out how the OIO fee schedule is structured.

When fees are charged

The Overseas Investment Office (OIO) charges fees to assess applications to invest in sensitive New Zealand assets. These can be for a consent, variation, or an exemption.

Fees are intended to ensure effective cost recovery and to provide visibility of the assessment process. The fees reflect:

  • the type of application
  • the complexity of the application
  • whether the Minister or the OIO makes the final decision.

Fee payments

Fees are designed to align with the time spent on the different phases of the assessment process.  

For most applications three fees are payable. These are:

  • Lodgement fee
  • Assessment fee
  • Monitoring compliance fee

There are some applications where only one fee is payable, these are:

  • Sensitive land: One home to live in – individual
  • Sensitive Land: One home to live in – entity
  • Sensitive land: Apartment off the plans
  • Investor Test: Standalone
  • Investor Test: Reassessment
  • Variations
  • Exemptions

1. Lodgement fee

This is for the initial assessment work that occurs before an application is accepted for processing.

  • A standard fee of $13,300 is payable prior to or on lodging of your application.
  • Your application should include proof of payment of the lodgement fee.

At the initial assessment we review your application to determine the appropriate assessment and monitoring compliance fee that will apply.

If your application requires a lodgement fee you need to request an invoice from us prior to submitting your application.

How to pay

2. Assessment fee

This fee reflects the substantive assessment of an application.

  • When your application is accepted after the initial review, you will receive an email confirmation from the OIO informing you of this, advising of the assessment fee that will apply and letting you know that an invoice will follow shortly.
  • Upon receipt of the invoice, you must make payment online within the timeframe set out in the invoice.
  • If payment of the assessment fee is delayed, this will delay the substantive assessment of your application.

How to pay

Note: Complex assessment fees apply to Benefit to New Zealand consent applications with complex ownership arrangements.

Standard or complex assessment

3. Monitoring compliance fee

This fee reflects the work involved in monitoring compliance of conditions. The fee is payable once the substantive assessment has been completed.

  • The fee varies with application type.
  • You will receive an invoice from the OIO prior to a decision being made on your application. This will likely be sent to you with the statutory declaration request.
  • Upon receipt of the invoice, you must make payment online.
  • The fee is payable before consent can be granted.

How to pay

Standard or complex assessment fees

Standard and complex assessment fees apply to applications for consent under the benefit to New Zealand pathway.   The assessment fee that applies will be determined as part of the initial assessment.

An application is considered complex where is it under the benefit to New Zealand pathway and there are:

  • five or more Relevant Overseas Persons (ROPs), or
  • 10 or more Individuals with Control (IWC) of the relevant overseas person.

For more information on ROPs and IWCs see:

Relevant overseas person and individuals with control

The complex fees reflect the assessment complexity associated with some applications under the benefit to New Zealand pathway due to the sensitivity of assets acquired under this pathway, the criteria applied, and the investor risk profile associated with complex corporate structures. The use of ROP and IWC to determine complexity is intended to provide a transparent and objective measure for determining the fee.

The determination of the number of ROPs and IWCs for the purpose of determining the assessment fee is not related to whether an investor test assessment will apply to these entities or individuals.  ROPs and IWCs may include New Zealanders where these entities or individuals have an ownership or control interest in the investment.  Where all entities or individuals have previously met the investor test, a discount to the assessment fee may be applied.

Fees are outlined in the OIO Fees and penalties schedule:

OIO fees and penalties

When administrative penalties are charged

Administrative penalties are payable in addition to the relevant application fee in the situations outlined below:

  1. Late filing of documents
    Late filing of a document with the OIO, if the document is required under the Overseas Investment Act or Regulations as a condition of a consent or exemption.
  2. Retrospective consent
    An administrative penalty may be required to be paid for retrospective consent.  The amount of this penalty will vary depending on the value of consideration paid for the transaction and the pathway the retrospective application is made under.

Payments

How to pay OIO fees and penalties

Queries

For questions regarding fees contact the Overseas Investment Office.

Relevant legislation

Last Updated: 13 September 2021