Chinese citizens must pay $850k after buying land without consent
Consent was required but not sought.
Hot Topic
Hawke’s Bay
Four Chinese citizens have been told to pay $847,000 in penalties after they failed to get Overseas Investment Office approval to buy a sprawling clifftop mansion in Auckland’s Glendowie.
The 4504sq m property boasts a tennis court, swimming pool, spa and harbour views of Rangitoto, Waiheke and
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Victoria Young
Tue, 13 Mar 2018
Tue, 13 Mar 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Chinese citizens must pay $850k after buying land without consent
73905