Share of home transfers New Zealand 2017-2023, by buyer type
In the third quarter of 2023, the largest share of home transfers in New Zealand involved at least one New Zealand citizen as a buyer at 76.1 percent. In contrast, only 0.4 percent of home transfers involved no New Zealand citizens or resident visa holders as buyers. This low share can be largely attributed to the Overseas Investment Act, which came into force in October 2018.
