The New Zealand government has a regulatory regime in place to control the sale of rural land to other than New Zealand citizens or to individuals who have not been granted new Zealand residency. These regulations mostly affect land over 5 hectares in size.

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Hawkes Bay has become a preferred lifestyle destination, not only for overseas migrants but also significant numbers of affluent New Zealanders moving from major urban centres, all keen to enjoy the Bay’s superior Mediterranean climate, quality schools, educational opportunities, rural environment and a relaxed rural lifestyle. Rural land and property values appreciated considerably between 2004 and early 2008 but have eased significantly with the recession from late 2008 to the present time.

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