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Speaker 1: Well, real estate agents reckon that their phones are already

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Speaker 1: ringing with calls from prospective overseas buyers. Today, the government

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Speaker 1: has announced it will ease the Foreign Buyers Band for

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Speaker 1: Golden Visa holders wanting to buy a house for more

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Speaker 1: than five million bucks. Anthony Mousenkov is a luxury real

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Speaker 1: estate agent with Forbes Global and with US.

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Speaker 2: High Anthony, Hi, ever, thank you for having me on

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Speaker 2: the show.

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Speaker 1: Yeah, you're welcome. Thanks for coming back. How many calls

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Speaker 1: have you fielded today?

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Speaker 2: I don't know, it's been quite a view. The line

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Speaker 2: has been going for the last couple of weeks. The

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Speaker 2: lion has been going continuously and day and night. As

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Speaker 2: we get a lot of people from the United States,

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Speaker 2: especially the United States, and from especially Northern Europe.

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Speaker 1: And how much do they want to spend.

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Speaker 2: I've got clients that got over one hundred million to

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Speaker 2: spend here in New Zealand, not on a house though,

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Speaker 2: not on a house, but five million dollars for a

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Speaker 2: house for them, it's pretty easy money change.

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Speaker 1: Yeah, what do they want to do? Do they want to

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Speaker 1: buy or build?

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Speaker 2: There's both there. I think there's a I think there

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Speaker 2: would be a I wouldn't know the exact numbers, but

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Speaker 2: it would be on any pretty even keel. We're dealing

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Speaker 2: with new bills at the moment and there's big interest

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Speaker 2: in that, and especially there's good named architects involved. There's

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Speaker 2: certain interest on that side as well.

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Speaker 1: And where in the country are they looking at.

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Speaker 2: It's mainly Queenstown Wanaka Auckland area and the problem with

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Speaker 2: this legislation is what they've done here now at the

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Speaker 2: concentration of those buyers will be going diverted to those

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Speaker 2: two areas. It's a little bit of a shame that

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Speaker 2: they aren't able to put more into the regions.

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Speaker 1: Yeah, that's a fair point actually, Anthony, thanks so much.

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Speaker 1: Best of lucky that. Anthony Mousenkoor for luxury real estate agent.

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Speaker 1: For more from Hither Duplessy Allen Drive, listen live to

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Speaker 1: news talks. It'd be from four pm weekdays, or follow

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Speaker 1: the podcast on iHeartRadio.