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I'm just wondering: Can't foreign money create a company in New Zealand, buy real estate with that company and then rent it out or just let it stay there.

It says it is banning non-residents. But a New Zealand company owned by a foreigner is considered a resident entity, right?

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Probably - the equivalent law in Australia has enough loopholes to make it largely pointless anyway... particularly sending one of your children to study then buying through them.

It's a crowd-pleasing law, not an effective one.

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