New Zealand Weighs Whether to Relax Foreign Homebuyer Ban
- Finance Minister Nicola Willis speaks to Bloomberg Television
- Says ‘it may be that there are changes on that in the future’
New Zealand’s government is considering whether to relax a ban on foreigners buying residential property, Finance Minister Nicola Willis said.
“Those are issues that we are discussing as a government,” Willis told Bloomberg Television Tuesday in Wellington. “It may be that there are changes on that in the future, but we’ve not made that decision at this point.”