Latest / Best of Business / Anthony Mosinkhof: Forbes Global real estate agent on the impact of the Government loosening the foreign buyers' ban

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Anthony Mosinkhof: Forbes Global real estate agent on the impact of the Government loosening the foreign buyers' ban · Best of Business

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  Speaker 1: You're listening to a podcast from News Talk sed Be
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  Speaker 2: Well, real estate agents reckon that their phones are already
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  Speaker 2: ringing with calls from prospective overseas buyers. Today the government
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  Speaker 2: has announced it will ease the Foreign Buyers band for
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  Speaker 2: Golden Visa holders wanting to buy a house for more
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  Speaker 2: than five million bucks. Anthony Mousenkov is a luxury real
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  Speaker 2: estate agent with Forbes Global and with US.
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  Speaker 3: High Anthony, Hi, ever, thank you for having me on
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  Speaker 3: the show.
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  Speaker 2: Yeah, you're welcome. Thanks for coming back. How many calls
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  Speaker 2: have you fielded today?
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  Speaker 3: I don't know, it's been quite a view. The line
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  Speaker 3: has been going for the last couple of weeks. The
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  Speaker 3: lion has been going continuously and day and night as
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  Speaker 3: we get a lot of people from the United States,
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  Speaker 3: especially the United States, and from especially Northern Europe.
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  Speaker 4: And how much do they want to spend.
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  Speaker 3: I've got clients that got over one hundred million to
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  Speaker 3: spend here in New Zealand, not on a house, not
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  Speaker 3: on a house, but five million dollars for our house
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  Speaker 3: is for them. It's pretty easy money change.
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  Speaker 4: Yeah, what do they want to do? Do they want to
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  Speaker 4: buy or build?
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  Speaker 3: There's both there. I think there's a I think there
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  Speaker 3: would be a I wouldn't know the exact numbers, but
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  Speaker 3: it would be on any pretty even keel. We're dealing
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  Speaker 3: with new bills at the moment and there's a big
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  Speaker 3: interest in that, and especially there's good named architectsure involved.
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  Speaker 3: There's certain interest on that side as well.
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  Speaker 4: And where in the country are they looking at.
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  Speaker 3: It's mainly Queenstown Wanaka Auckland area And the problem with
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  Speaker 3: this legislation is what they've done here now at the
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  Speaker 3: concentration of those buyers will be going diverted to those
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  Speaker 3: two areas. It's a little bit of a shame that
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  Speaker 3: they aren't able to put more into the regions.
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  Speaker 2: Yeah, that's a fair point actually, Anthony, Thanks so much.
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  Speaker 2: Best of lucky that Anthony Morsenkor for Luxury real estate Agent.
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