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New Zealand to make it difficult for foreign investors to buy forestry land
Posted on March 7, 2022 |
- The government agreed to make it harder for overseas investors to convert pasture to forestry which will ensure the right plantation at the right time.
- The change would apply only to forestry modifications where overseas
- investors look to acquire existing farmland for planting into a new forest, and there is no change to investments in pre-existing forests.