Will New Zealand’s luxury real estate rise in price thanks to the ‘golden visa’?

Queenstown is the home of luxury property in NZ. (Image: NZME)

Wed, 03 Sep 2025

The loosening of the country’s ban on foreign buyers has begun – but will this, in turn, raise luxury house prices? Caleb Paterson, director of Paterson Luxury, said the luxury property market had faced significant challenges in recent years. In Auckland, more than 40% of luxury homes had been listed and then withdrawn without selling, often because vendors were unwilling to meet the market or, in some cases, were prepared to meet the market but without an active buyer pool.Therefore, the policy change from mid-October was...

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