DLA Piper New Zealand has excellent capability in guiding offshore investors through the complexities of successful investment in NZ companies, land and resources.
The Overseas Investment Act (OIA) 2005 and the Overseas Investment Regulations (OIR) 2005 establish the regime for approving investment by overseas persons in significant business assets in excess of NZ$100 million, certain types of sensitive New Zealand land including farmland, and fishing quota.
The process for application to the Overseas Investment Office (OIO) can be complex and time consuming. The right advice is needed early on, for smooth transition to approval.
DLA Piper New Zealand has an extensive track record in seeking and attaining consents and exemptions on behalf of clients in a wide range of sectors. We have acted for individual clients through to large, international investors.
Some of the consents we have gained for clients include high profile applications. We can help clients understand and navigate the political and public implications of their submissions.
Amongst other OIO applications, we have acted successfully for offshore purchasers of farmland and for purchasers of shares in New Zealand companies.
Our OIO team is backed by integrated support from all disciplines within the firm including provision of advice in banking and finance, corporate and commercial, employment law, immigration and visas, joint ventures, resource management, and tax.