Chinese citizens must pay $850k after buying land without consent
Consent was required but not sought.
Four Chinese citizens have been told to pay $847,000 in penalties after they failed to get Overseas Investment Office approval to buy a sprawling clifftop mansion in Auckland’s Glendowie.
The 4504sq m property boasts a tennis court, swimming pool, spa and harbour views of Rangitoto, Waiheke and
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Victoria Young
Tue, 13 Mar 2018
Tue, 13 Mar 2018
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Chinese citizens must pay $850k after buying land without consent
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