Golden visas: 5.5% of Queenstown properties fit $5m threshold

Houses in Queenstown, Lake Hayes and Auckland suburbs Devonport and Remuera, as well as large plots of Central Otago land are among the properties foreign buyers might be able to buy under new rules.

The government has confirmed that holders of so-called “golden visas” will be able to buy or build one home worth at least $5 million.

Read more here…

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