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Easier road ahead for foreign investors looking at New Zealand

Author
Newstalk ZB,
Publish Date
Mon, 14 Oct 2024, 7:38am
Photo / File
Photo / File

Easier road ahead for foreign investors looking at New Zealand

Author
Newstalk ZB,
Publish Date
Mon, 14 Oct 2024, 7:38am

An easier road for foreign investors looking at New Zealand's companies and property.

The Government's new law reforms will allow overseas investment to proceed - so long as it doesn't go against our interests.

Associate Finance Minister David Seymour says right now, we rank 38 out of 38 countries for openness to investment.

New Zealand Initiative Executive Director Oliver Hartwich told Mike Hosking New Zealand's always been one of the most difficult places for investment.

“That part of globalisation has always bypassed New Zealand. Actually, the share of FDI in our GDP is lower than it used to be 25 years ago.”

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