…as overseas investment decision times fall

24th June 2025 By Staff Reporter | news@propertyticker.co.nz | @propertyticker

The average processing time for overseas investment decisions has dropped from 71 working days in the last financial year to 28 working days.

“Since delegating most decision-making to Land Information New Zealand and directing officials to focus on realising the benefits of overseas investment, there has been a significant improvement in processing times,” Associate Minister of Finance David Seymour said.

He added that during 1 July 2024 to 19 June 2025 there were 122 applications for overseas investment, down from 146 in the financial year prior due to a drop in applications for residential land development because of poor property market conditions.

“I expect these numbers to bounce back with the rise of the property market.”