Application form - $5 million plus house

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*Application type

Consent type

When to complete this form

Use this form if all of the following apply to you:

You wish to buy or build a home in New Zealand on residential land¹
You will live in the house as your main home.
You have a New Zealand resident or permanent resident visa, or are a citizen or permanent resident of Australia or Singapore
You are not ordinarily resident in New Zealand²

For more information, see Buying or building one home to live in.

1. Residential land:

Residential land is sensitive land with a property category of 'residential' or 'lifestyle'. Check the property category description of the land you wish to purchase at https://www.qv.co.nz/.
Residential land also includes a residential flat in a building owned by a flat-owning company, regardless of whether the building is on land within a property category of residential or lifestyle. And for that purpose, reference to interest in the Overseas Investment Act 2005 includes licence to occupy.
Residential land can also be 'otherwise sensitive'. For example, rural land (including lifestyle blocks larger than 5 hectares), and some coastal land.
The type of application that relates to residential land only is called 'residential land only' application. If the residential land is sensitive also for any other reason, the application is called 'residential and otherwise sensitive land' application.
Residential land is defined in Section 6 of the Overseas Investment Act 2005.
Sensitive land is defined in Part 1 of Schedule 1 of the Act, and is also covered on our web page Identifying sensitive land.

2. 'Ordinarily resident in New Zealand' means that you must meet all of the following:

hold a New Zealand residence class visa (or are a citizen or permanent resident of Australia or Singapore)
have been living in New Zealand for at least the immediately preceding 12 months, and
is a tax resident of New Zealand by having been personally present in New Zealand for more than 183 days during the previous 12-month period.

Note: It's an offence to buy land that is sensitive without consent, and you may be fined or receive a penalty if you do so. We recommend seeking legal advice if you are in any doubt about the type of land you wish to buy.

You will need the following to complete the application

If you are submitting a 'residential land only' application, you will need to pay the Fee and provide the following documents for each applicant or person having ownership and control of the company or trust:

Signed Commitment to reside statutory declaration
Colour scan or photo of passport
Visa label or eVisa

If you are submitting a 'residential and otherwise sensitive land' application, you will also need to complete the Investor Test questions in this form and submit a signed Investor Test statutory declaration.

Fees, payment and timeframes

Applications from individuals for residential land only:

The assessment timeframe is up to 10 working days.
The fee is NZD2,040.00 (incl. GST). If the consent is to be issued in more than one name, the fee remains the same.
You can pay the fee by credit card when you submit your application, or you can choose to pay on invoice.

Applications from entities (company/trust/other entity) for residential land only:

The assessment timeframe is up to 10 working days.
The fee is NZD5,800 (incl. GST).
We will send you an invoice after we receive your application.

Applications for residential and otherwise sensitive land:

The assessment timeframe is up to 30 working days.
The fee is NZD16,900 (incl. GST).
We will send an invoice after we receive your application.

Note:

If you are paying on invoice, we will send you an email containing the details and instructions on how to pay.
We will start to process your application when we receive all the information we need, including the full and correct application fee.
The Overseas Investment team will not refund fees if an application is withdrawn, lapsed, or declined, or the Overseas Investment team finds that no consent was required.

When to complete this form

This form is for qualifying investor visa holders to apply to buy or build one residential property worth $5 million or more.

Use this form if all of the following apply:

You (or your partner, spouse or associate) hold a New Zealand Active Investor Plus, Investor 1, Investor 2 visa or any other qualifying visa
You wish to buy either a land with a residential dwelling, or a land where you will build a residential dwelling
The land is residential land1, and not otherwise sensitive²
Either the purchase price of the land with a residential dwelling, or the purchase price of the land plus the cost of building a home on the land, including GST, exceeds NZ$5m
You do not have interest in other property acquired through this pathway

For more information, see Investor Visa Holders Buying $5m plus House.

Before you begin

Check that you are applying for the correct consent. See $5 million plus house.
Have all your information ready including: a colour scan or photo of your passport, your visa label or evisa, and the address and details of the property you wish to buy.
If you are buying land to build a home, you will also need to provide details about your building plans, including the expected cost and timeframe for the build.
If you are intending to buy the property through your company or trust, we suggest seeking legal advice to assist you in completing this application. You will need to provide all relevant information explaining the ownership and control of the company or trust.

Fee, payment and timeframe

The assessment timeframe is up to 15 working days.

If you are buying an existing property valued at $5 million or more, the application fee is $2,040.

If you are buying land to build a home, where the purchase price and construction price will together be $5 million or more, the application fee is $3,500.

You can pay the fee by credit card when you submit your application, or you can choose to pay by invoice. If you choose to pay by invoice, we will automatically send you an invoice after you have applied.

If your application requires a full national interest assessment under section 19B, there will be a further fee of $83,700. If this is the case, we will notify you that further assessment is required and send an invoice for the additional fee.

Note:

We will start to process your application when we receive all the information we need, and the full application fee.
The Overseas Investment team will not refund fees if an application is withdrawn, an application is rejected, you apply under the incorrect pathway, consent is declined, or we find that no consent was required.

Online form last updated March 2026.