- New Zealand is seeking further information about the sexual-misconduct allegations made against Matt Lauer to decide whether he is still fit to own property in the country.
- The country requires foreigners who purchase land to be "of good character."
- Lauer had purchased a 16,000-acre ranch worth $9.1 million on New Zealand's South Island earlier this year.
- Last month, NBC fired Lauer after a colleague accused the TV anchor of sexual misconduct.
ADVERTISEMENT
New Zealand's 'good character' rules could cost Matt Lauer the $9 million lakefront ranch he bought there
Sexual-misconduct allegations against Matt Lauer have caused New Zealand to look into whether the former TV host is fit to own property in the country.
New Zealand is seeking further information about the sexual-misconduct allegations made against Matt Lauer to determine whether the former TV host is still fit to own property in New Zealand.
According to the Overseas Investment Office, when determining an investor's good character, the office takes into account any ongoing allegations or investigations into any criminal offenses.
Barrett said the Overseas Investment Office can "seek orders, through the Courts, that require people to dispose of property," if they are deemed to lack good character.
ADVERTISEMENT
The New Zealand government has been cracking down on foreign investors buying property in the country in order to tackle the nation's housing crisis. In October, New Zealand's prime minister, Jacinda Ardern, introduced legislation to bar foreign buyers from purchasing existing homes.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
ADVERTISEMENT