New Zealand has strict foreign buyer laws, but a 2026 update carves out a narrow exception for holders of Active Investor Plus visas. These individual... Read Mores can now buy or build a single residential property valued at NZ$5 million or more. For private islands, however, most are classified as "sensitive land" under the Overseas Investment Act, requiring a rigorous "benefit to New Zealand" test and OIO consent. Closing costs include legal fees and small application fees for fast-tracked investor consents. Read Less