Thu 05 December | 12:00PM - 1:30PM | Your desk or portable device

Synopsis

Over a year has passed since the shake-up of New Zealand’s overseas investment laws. What does the landscape look like and what are the challenges facing practitioners and their clients going forward?  What lies ahead for Phase Two and beyond?  

In a complex area of law, where errors can have significant effects, presenters from the Overseas Investment Office with expertise across a range of aspects of the regime will provide guidance on how to safely navigate this area and share their insights into key topics and the process for getting consent

Learning outcomes

  • Become more familiar with the Overseas Investment regime, its processes, timeframes that need to be factored in and key drivers for getting consent.  
  • Gain insights into how you might be able to do things more effectively.
  • Develop a better understanding of key issues that cause problems for practitioners and their clients, such as residential applications, developers’ exemptions, the meaning of “associate”, the threshold for national benefit and the counterfactual test. 
  • Learn more about what lies ahead for the regime and the part legal professionals play in it.

Who should attend?

The Overseas Investment regime is critical knowledge for every legal professional involved in domestic, commercial and rural conveyancing, as well as overseas investment in key industries.

 

Presenters

Vanessa Horne
Group Manager
Overseas Investment Office.

It has been a busy first year for the Overseas Investment Office’s Group Manager, Vanessa Horne. Vanessa joined OIO in August 2018, just a few months before the October 2018 changes. Before joining the OIO, Vanessa worked for the Ministry of Business, Innovation and Employment (MBIE).

At MBIE she held several leadership roles, including responsibility for the Intellectual Property Office, as well as service design policy, and health and safety policy.

Vanessa has a Masters in Public Policy from Massey University and an LLB from Otago University, and she has worked in public and private legal practice.

Grant Barrott
Manager, Residential team
Overseas Investment Office

Grant joined the Overseas Investment Office at an interesting time, just a few weeks before the restrictions on overseas ownership of residential property were introduced in October 2018.

He leads the Residential Team, which is responsible for the One Home to Live in Pathway. It has been a busy first year with the team processing 276 applications and monitoring conditions on the consents that have been granted.

Grant’s team has also fielded more than 1500 general queries from the public about overseas investment. Before joining the OIO, Grant spent ten years with Internal Affairs


Lael Kim

Case Officer
Residential Team
Overseas Investment Office

Lael joined the Overseas Investment Office in October 2018 as part of the new Residential Team.

She has played a big role implementing the new One Home to Live in Pathway, this has included ensuring good processes are in place from the start of the process when an application is submitted right through to when consent conditions no longer apply.

In the year ahead, Lael and the team will be updating the monitoring and compliance strategy for the pathway. Lael worked in a number of customer-centric roles before joining the OIO. 


Tyne Schofield

Applications Team
Overseas Investment Office

Tyne has seen a fair amount of change since first joining the Overseas Investment Office in 2013, including the 2018 changes to the Act.

He is currently a principal advisor in one of the OIO’s two application teams. These teams deal with applications for significant business assets and sensitive land (except those that go through One Home to Live In pathway).

Prior to joining the OIO, Tyne spent several years in private practice. He took a break from the OIO between 2015 and 2017 to spend time living in London.