Farm buying hurdles deter foreigners
OPINION: Overseas investors have to create more jobs, spend more and produce more than New Zealanders.
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Hawke’s Bay
Foreign investors looking to swoop in and take advantage of the distressed or mortgagee sale of farms over the next year may find they are not easy pickings.
The oft-criticised Overseas Investment Act can make it remarkably difficult for a foreign person to buy a farm, where it is being sold at
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Farm buying hurdles deter foreigners
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