Find out more about investing in sensitive land to provide a benefit to New Zealand.
About this pathway
This consent pathway can be used by an overseas person who wants to invest in non-residential or otherwise sensitive land in New Zealand.
Examples of investments using this pathway:
- Investment in 9 hectares of rural land to develop luxury tourist accommodation.
- Investment in 20 hectares of land to develop into health facilities including two residential properties.
- Investment in 100 hectares of land to plant a new variety of grapes and develop a restaurant on the land.
- Investment in a factory, including the 2 hectares of land it is located on.
Who needs consent
If you are an overseas person, you need consent to invest in non-residential or otherwise sensitive land.
What investing includes
- Buying freehold property
- Leasing property
- Acquiring any other non-exempted interest for a term of 10 years or more – including rights of renewal.
Your application will be assessed against these criteria:
We use the investor test to assess whether someone wanting to invest in New Zealand meets our requirements.
The benefit to New Zealand test assesses a potential investment against 21 factors to determine if the investment is likely to provide benefit New Zealand.
If the sensitive land includes non-urban land over 5 hectares, then you must also demonstrate that the benefit will be, or is likely to be, substantial and identifiable.
If the sensitive land includes special land – qualifying foreshore, seabed, riverbed or lakebed – it must be offered to the Crown.
Farm land must be offered for sale on the open market before consent can be granted. There are minimum standards for advertising farm land for sale – but in most situations, standard market advertising will meet these requirements.
Applications that include a significant business asset
If your application includes a significant business asset, you will need to provide tax information when you apply. We will pass this information directly to Inland Revenue without viewing it. Please note that we will not start to assess your application until we receive confirmation from Inland Revenue that information is complete.
Get legal help
To confirm which requirements apply to you, we recommend you seek expert legal and land advice as early as possible.
Find information and resources to help you apply for consent online.