The ability of overseas individuals to purchase property in New Zealand will soon be restricted when new legislation becomes enacted. The implications of the legislation has been the focus of much debate, especially in the Queenstown Lakes district.
Radio New Zealand reporter Timothy Brown interviewed a number of stakeholders from the resort town, including Goldman Legal’s one and only Elliot Goldman, to discuss the unintended consequences of the foreign buyer ban for Queenstown. Elliot Goldman features in this interview from 24min 20 sec.
Listen to Insight: The Cost of the Foreign Buyer Ban from RNZ: Sunday Morning