Printed from https://fyi.org.nz/request/6776-ban-on-foreign-purchases-of-residential-houses on November 03, 2024 09:14

Ban on foreign purchases of residential houses

Cindy Black made this Official Information request to The Treasury

The request was successful.

From: Cindy Black

Dear The Treasury,

I see in the news that the Prime Minister has announced a ban on foreign purchasers of residential housing in NZ.
Can you please provide copies of any and all advice provided by the Treasury related to this announcement and this proposed ban.

I envisage this advice should include what the ban actually is, what the legislative amendments would be to give effect to it, and whether it is in fact a ban, or in fact a requirement for a foreign purchaser to seek consent from the OIO. Advice on whether and how the proposal would be enforced and what implications it might have should be included as well as what resourcing impact it would have for the government I.e. what it would cost to enforce, and particularly for the agencies that will need to enforce it I.e LINZ and or the OIO. If any Agency will need additional funding or resources where will these resources come from I..e who will pay.

Advice on what affect legislation changes would actually have, and what impact any proposed legislative change would have on existing and proposed international agreements that NZ is or is intending to be a party to would also be appreciated.

Yours faithfully,

Cindy Black

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From: Apurva Mahire [TSY]
The Treasury

Attachment OIA Acknowledgement Black C.pdf
160K Download View as HTML

Dear Cindy

 

Please find attached acknowledgement to your OIA request.

 

Thank you.

 

Warm Regards,

Apurva Mahire | Ministerial Advisor | The Treasury- Kaitohutohu Kaupapa
Rawa

Tel: +64 4 917 6308| [1][email address]

   

CONFIDENTIALITY NOTICE

The information in this email is confidential to the Treasury, intended
only for the addressee(s), and may also be legally privileged. If you are
not an intended addressee:

a. please immediately delete this email and notify the Treasury by return
email or telephone (64 4 472 2733);

b. any use, dissemination or copying of this email is strictly prohibited
and may be unlawful.

[IN-CONFIDENCE]

 

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From: Ministerial Services Inbox [TSY]
The Treasury

Attachment Official Information Act Response Cindy Black 20170345.pdf
346K Download View as HTML

Dear Cindy

 

A response is attached regarding your Official Information Act Request.

 

Best Regards

 

Ministerial Advisory Service

The Treasury - Kaitohutohu Kaupapa Rawa

   

CONFIDENTIALITY NOTICE

The information in this email is confidential to the Treasury, intended
only for the addressee(s), and may also be legally privileged. If you are
not an intended addressee:

a. please immediately delete this email and notify the Treasury by return
email or telephone (64 4 472 2733);

b. any use, dissemination or copying of this email is strictly prohibited
and may be unlawful.

[IN-CONFIDENCE]

 

 

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From: Ministerial Services Inbox [TSY]
The Treasury

Attachment Official Information Act Response Cindy Black 20170345 1.pdf
367K Download View as HTML

 

 

Dear Cindy

 

A response is attached regarding your Official Information Act Request.

 

Best Regards

 

 

Ministerial Advisory Service

The Treasury - Kaitohutohu Kaupapa Rawa

   

CONFIDENTIALITY NOTICE

The information in this email is confidential to the Treasury, intended
only for the addressee(s), and may also be legally privileged. If you are
not an intended addressee:

a. please immediately delete this email and notify the Treasury by return
email or telephone (64 4 472 2733);

b. any use, dissemination or copying of this email is strictly prohibited
and may be unlawful.

[IN-CONFIDENCE]

 

 

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From: Nicole Geluk [TSY]
The Treasury

[UNCLASSIFIED]

 

Kia ora Cindy

 

As per Treasury’s response letter to your Official Information Request,
please see below a link to the Treasury webpage which contains the advice
received by the Ministers.  As well as the release, this page contains
links to the media release, and other explanatory information. 

 

[1]http://www.treasury.govt.nz/publications...

 

Ngâ mihi

Nicole

 

Nicole Geluk | Project Administration, Overseas Investment Projects | The
Treasury

Tel: +64 4 890 7232 | [2][email address]

 

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