Great news from Parliament as Associate Minister of Finance David Seymour issues a Ministerial directive letter to Toitū Te Whenua Land Information New Zealand (LINZ) to make consent processing faster under the Overseas Investment Act.
The NZUS Council welcomes this step towards making NZ more attractive to foreign direct investment (FDI).
The United States is New Zealand’s second largest source of FDI with NZ$9.82 billion in the year to March 2023. We look forward to seeing this grow, supporting the growth of Kiwi businesses and the nation’s economic prosperity.
Read the full press release here: www.beehive.govt.nz/release/making-it-easier-invest-new-zealand