New Zealand Government Considers Lifting Ban on Foreign Property Purchases
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The New Zealand government is discussing the possibility of lifting the ban on foreign buyers of residential properties, with no decision made yet.
New Zealand's government is contemplating a potential relaxation of the ban on foreigners purchasing residential properties, according to Finance Minister Nicola Willis.
"Those are issues that we are discussing as a government," Willis stated during an interview with Bloomberg Television in Wellington on Tuesday. "It may be that there are changes on that in the future, but we've not made that decision at this point," she added.
