OIO fees and penalties schedule
Find out how much it costs to apply for consent, variation, or exemption and when to pay it, and what penalties may be charged.
When fees and penalties are charged
The Overseas Investment Office (OIO) charges fees to assess applications for a consent to invest in sensitive New Zealand assets, for a variation to a consent or consent conditions, and for exemptions available under the act.
We also charge administration penalties, for example, if you apply for consent retrospectively, or if you file your documents late.
On this page
The fees and penalties we charge are set out in the following sections.
Consent fees
These fees are designed to align with the time spent on the different phases of the consent process. For some applications there is only one fee is payable. For applications that involve significant assessment and monitoring of consent conditions several fees are payable at different stages of the process.
Consent fee schedule
The following fees and charges are effective from 13 September 2021.
- Significant business assets
- Sensitive Land: One home to live in
- Sensitive Land: Apartment off the plans
- Sensitive Land: Residential land
- Sensitive Land: Benefit to New Zealand – Benefit only
- Sensitive Land: Benefit to New Zealand – Substantial and Identifiable
- Sensitive Land: Forestry
- Sensitive Land: Intention to reside
- Significant business assets and sensitive land
- Fishing quota
- National interest
All amounts shown include goods and services tax (GST).
Please note that if an application is rejected, a further lodgement fee is payable if the rejected application is resubmitted. This is in accordance with Regulation 34(2) of the Overseas Investment Regulations 2005.
Significant business assets (SBA)
| Application type | Lodgement fee | Assessment fee | Monitoring compliance fee | Total fee |
|---|---|---|---|---|
| Significant business assets only | $13,300 | $22,100 | $3,400 | $38,800 |
Sensitive land: One home to live in
| Application type | Lodgement fee | Assessment fee | Monitoring compliance fee | Total fee |
|---|---|---|---|---|
| Individual | n/a | n/a | n/a | $2,040 |
| Entity (company or trust) | n/a | n/a | n/a | $5,800 |
| Residential land that is otherwise sensitive | n/a | $8,100 | $8,800 | $16,900 |
| Waiver application - failing to fulfil conditions | n/a | n/a | n/a | $3,400 |
| Variation of conditions | n/a | n/a | n/a | $3,400 |
Sensitive land: Apartment off the plans
| Application type | Lodgement fee | Assessment fee | Monitoring compliance fee | Total fee |
|---|---|---|---|---|
| Apartments off the plans | n/a | n/a | n/a | $2,040 |
Sensitive land: Residential land
| Application type | Lodgement fee | Assessment fee | Monitoring compliance fee | Total fee |
|---|---|---|---|---|
| One-off consent | $13,300 | $16,800 | $4,900 | $35,000 |
| Standing consent | $13,300 | $40,700 | $3,500 | $57,500 |
| Notification of a transaction under a standing consent | n/a | n/a | n/a | $16,800 per transaction |
Sensitive land: Benefit to New Zealand – Benefit only (including or excluding significant business assets)
| Application type | Lodgement fee | Assessment fee | Monitoring compliance fee | Total fee |
|---|---|---|---|---|
| Standard and Delegated decision | $13,300 | $45,900 | $9,000 | $68,200 |
| Standard and Ministerial decision | $13,300 | $49,000 | $11,700 | $74,000 |
| Complex and Delegated decision | $13,300 | $113,200 | $9,000 | $135,500 |
| Complex and Ministerial decision | $13,300 | $114,600 | $11,700 | $139,600 |
| Profit à prendre - Standard | $13,300 | $17,300 | $3,000 | $33,600 |
| Profit à prendre - Complex | $13,300 | $42,700 | $3,000 | $59,000 |
Sensitive land: Benefit to New Zealand – Substantial and Identifiable (including or excluding significant business assets)
| Application type | Lodgement fee | Assessment fee | Monitoring compliance fee | Total fee |
|---|---|---|---|---|
| Standard and Delegated decision | $13,300 | $51,700 | $9,000 | $74,000 |
| Standard and Ministerial decision | $13,300 | $56,100 | $13,300 | $82,700 |
| Complex and Delegated decision | $13,300 | $119,600 | $9,000 | $141,900 |
| Complex and Ministerial decision | $13,300 | $119,600 | $13,300 | $146,200 |
Sensitive land: Forestry
| Application type | Lodgement fee | Assessment fee | Monitoring compliance fee | Total fee |
|---|---|---|---|---|
| Special forestry test – one off | $13,300 | $17,500 | $3,000 | $33,800 |
| Modified benefit test for forestry - standard | $13,300 | $17,300 | $3000 | $33,600 |
| Modified benefit test for forestry - complex | $13,300 | $42,700 | $3,000 | $59,000 |
| Standing consent | $13,300 | $38,500 | $3,000 | $54,800 |
| Notification of a transaction under a standing consent | n/a | n/a | n/a | $11,200 per transaction |
Sensitive land: Intention to reside
| Application type | Lodgement fee | Assessment fee | Monitoring compliance fee | Total fee |
|---|---|---|---|---|
| Sensitive land: Intention to reside | $13,300 | $29,100 | $4,900 | $47,300 |
Significant business assets (SBA) and sensitive land
| Application type | Lodgement fee | Assessment fee | Monitoring compliance fee | Total fee |
|---|---|---|---|---|
| SBA and special forestry test | $13,300 | $27,900 | $4,400 | $45,600 |
| SBA and residential land consent | $13,300 | $27,900 | $4,400 | $45,600 |
| SBA and modified benefit test for forestry - Standard | $13,300 | $27,900 | $4,400 | $45,600 |
| SBA and modified benefit test for forestry - Complex | $13,300 | $67,900 | $4,400 | $85,600 |
| SBA and profit à prendre benefit test -Standard | $13,300 | $27,900 | $4,400 | $45,600 |
| SBA and profit à prendre benefit test - Complex | $13,300 | $67,900 | $4,400 | $85,600 |
Fishing quota
| Application type | Lodgement fee | Assessment fee | Monitoring compliance fee | Total fee |
|---|---|---|---|---|
| Fishing quota | $13,300 | $119,600 | $3,400 | $136,300 |
National Interest fee
This fee is additional to the pathway assessment fee. It will be payable if your application requires a national interest assessment.
| Application type | Fee |
|---|---|
| National Interest Assessment | $83,700 |
Investor test fees
These only require a single payment.
| Investor test | Fee |
|---|---|
| Standalone investor test | $25,500 |
| Reassessment of investor test | $13,000 |
| Repeat investor discount for subsequent applications | -$12,500 |
Further information on the investor test
Variation fees
These only require a single payment.
| Variation | Fee |
|---|---|
| Time extension only | $10,400 |
| All other variation applications | $23,000 |
Further information on variations
Exemption fees
These only require a single payment.
| Exemption | Fee |
|---|---|
| Exemption – Large apartment | $14,200 |
| Discretionary exemption | $37,100 |
| Exemption from farm land advertising criteria* | $13,000 |
| National interest – exemption from definition of non-NZ government investor | $25,500 |
* This fee is additional to the pathway assessment fee. It is payable where an application for an exemption from the farm land advertising criteria is made.
| Exemption – Schedule 3 or 4 | Hourly Rate |
|---|---|
| Application for inclusion on Schedule 3 or Schedule 4 | $560 |
Further information on exemptions
Information and services
| Information and Services | Hourly Rate |
|---|---|
| Provision of information or services. | $337 |
Administrative penalties
| Category | Penalty if only the one home to live in test is met | Penalty all other cases |
|---|---|---|
| Late filing of documents | $500 | $500 |
| Retrospective consent, less than $2 million | $5,000 | $20,000 |
| Retrospective consent, $2-10 million | $10,000 | $30,000 |
| Retrospective consent, more than 10 million | $10,000 | $40,000 |
How to pay
Fee and penalty payments are made by direct credit.
How to pay OIO fees and penalties