You can buy land in New Zealand and Australia

According to Reuters, the New Zealand Parliament officially passed a law on the same day that prohibits non-resident foreigners from purchasing existing housing stock in the country, fulfilling the Labor Party's campaign promise.

Picture from Gloablnews

However, this strict policy also makes it easier for some people:

1. Australians and Singaporeans may be exempted. , because they all have free trade agreements with the New Zealand government;

2. Foreigners who have obtained resident status in New Zealand can continue to buy houses;

3. Those who already own real estate in New Zealand Foreigners are also not affected by the new policy.

4. Foreign investors can still purchase buildings (such as large apartments) and invest in hotels and other large properties.

Non-tycoon speculators should not be secretive. In fact, there are very few apartment buildings in New Zealand. Except for a few apartments in Auckland, the largest city, and the capital, Wellington, all other regions have apartments. It is rare to see large-scale apartment buildings.

Therefore, this policy is more three-dimensional when understood from the side - prohibiting Chinese, the largest local overseas buyers, from buying houses! Before you wake up as a Chinese, I'll give you a hard blow!

According to local media reports, Australia recently plans to cancel investment immigration, including major investments of 5 million Australian dollars & 1.5 million Australian dollars. There are two reasons: 1. The source of funds cannot be explained, and the Immigration Bureau will even trace the client’s registration back to 1990. Funds; 2. Funds cannot leave the country, making transfers more difficult.

For a time, Australia and New Zealand, two countries with similar national flags, successively dropped bombshells on the Chinese, causing many people who originally planned to immigrate to Australia or want to allocate their assets in Australia. Chinese people abroad are terrified.

The offshore exchange rate of RMB against the US dollar last night was 6.9485. The RMB has been really weak recently. Is it continuing to depreciate? ”

US/CNY

Nowadays, money is becoming less and less like money, the immigration threshold is getting higher and higher, and it is becoming more and more difficult to buy overseas property. Not surprisingly, immigration and investment all over the world A violent shutdown is a high probability event. Perhaps preventing circulation is to prevent risks from detonating in a certain area.

But before the risk explodes, where should the people go in Canada where the door has not been completely closed? Is it the last straw for China and even global capital?

Those who can’t spend enough RMB can consider finding another basket to put their eggs in and buy Canadian properties. ”