Considering a home purchase involves not just financial implications but also lifestyle choices; it’s important to make informed decisions for your finances, your loved ones, and yourself. Purchasing your first home offers an exciting and fulfilling journey. Ultimately, you’ll acquire the keys to a space that is truly yours while securing an investment for your future.
But how do you begin? This guide aims to set you on the path to success, providing practical tips and advice to assist you throughout the process.
For those not residing in New Zealand: Changes were implemented in October 2018 regarding the rules for overseas buyers looking to purchase or build residential properties in New Zealand. Generally, only residents and citizens are allowed to buy homes for personal use, although various investment options exist. The New Zealand Immigration website features a useful tool to outline who is eligible to buy and who must apply for consent.