The options for non-residents or overseas buyers vary between banks and lenders.
If you are a New Zealand citizen living overseas it may be possible to borrow up to 80% of the value of a property if you intend to live in it, or 60% if it is to be an investment property.
If you are an overseas citizen looking to invest in a NZ residential property the maximum amount you can borrow is 60% of the value of the property. You would require 40% deposit.
We have assisted many non-residents to purchase a property as an investment or who were wanting to purchase a property prior to returning home. We also have many overseas buyers as clients.
In the current market lending criteria is constantly changing.