New Zealand Reopens Door to Wealthy Foreign Home Buyers

The uncertainty created by the war in the Middle East is having an impact across the globe, and Australia isn’t immune. Qantas is adding new long-haul flights through the US to get passengers to their final destinations, while Canadian Prime Minister Mark Carney used an address to Parliament to pitch for greater diplomatic collaboration. Meanwhile in Iran, there are growing questions around what US President Donald Trump’s endgame is in his war with Tehran.

In the face of growing global political and economic uncertainty, a luxury home in New Zealand doesn’t sound like such a bad thing. That’s what the government is hoping wealthy investors think, at least, as they allow golden visa holders back into their high-end property market from today. - Ben Westcott, Asia Agriculture reporter