PHOTO: 123RF Auckland was the most popular place for foreign property buyers.
In the last six months the Overseas Investment Office has approved 103 applications from foreigners to buy homes in New Zealand.
This is is the first time non-citizens have had to apply to buy property.
The numbers released on Thursday followed information from Statistics New Zealand showing an 81 per cent drop in overseas buyers in the first three months of this year compared to a year ago.
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