I'm going to have about $400,000 from an inheritance that I would like to invest in NZ but I am overseas. I've heard it's difficult to get mortgages if you are overseas, and I have little income as well. Does anyone have any advice about getting mortages for ex-pat Kiwis?
The other alternative is to purchase with cash and hopefully remortgage at some later date. I would not like to invest all of this money on NZ property at the moment, but perhaps purchase something for about $300,000. Does anyone have any recommendations of a good area in this price range?
The other alternative is to purchase with cash and hopefully remortgage at some later date. I would not like to invest all of this money on NZ property at the moment, but perhaps purchase something for about $300,000. Does anyone have any recommendations of a good area in this price range?
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