benzinga108d ago
Queenstown, New Zealand, March 04, 2026 (GLOBE NEWSWIRE) -- As international investors reassess access to stable property markets, Mountain Oak, working alongside Christie's International Real Estate–affiliated agency Thomas Estates, has confirmed the release of a Queenstown residential development offering a compliant entry point for offshore buyers into New Zealand property.A glimpse at what the apartments will look like when completed with the Remarkables mountain range in the background - An unbeatable view!With Apartments ranging from $639,000 to $1,299,000 NZD or $378,000 to $766,000 USD Mountain Oak offers a rare opportunity for Investors in one of the worlds safest countries and markets. (Based on international currency conversion at the time of publishing)Under New Zealand's Overseas Investment Act, foreign buyers are generally restricted from purchasing existing residential property. However, qualifying new apartment developments may be sold to overseas purchasers under specific exemptions. This Queenstown project has been structured to meet those criteria, enabling international investors to participate lawfully without meeting the NZ$5 million Active Investor Plus visa threshold.Reuters - https://www.reuters.com/world/asia-pacific/new-zealands-golden-visa-scheme-lures-us-investors-2025-06-23The development is being represented ...Full story available on Benzinga.com