New Zealand Immigration Update: March 2019. On 15 March 2019, 50 individuals tragically lost their lives in the devastating attacks on the Masjid Al Noor and Linwood Mosques, in Christchurch. In response to this tragedy, Immigration New Zealand have announced that they will be expediting visa applications, for the family members of those killed or injured.
Warning: Sell residential property within five years and you could now be taxed. The bright-line test extension is live!
The government has now passed legislation that extends the bright-line test from its original two years to five years. This means that before you consider selling any property within five years of purchase you should consider the effect of this law before you proceed.