China’s mega rich buyers are leveraging New Zealand’s rebuild and economic boom to invest in the local real estate market, reports The Press on (7 February 2015). Chinese are the largest and fastest-growing group of immigrants to New Zealand, and major realtor group Ray White revealed that its listings on receives 1000 enquiries a month from China – 25% of which are for Canterbury homes, while the remaining investor interest are shifting towards Queenstown and Auckland. According to Dave Platter, Global PR & Communications Director of, most Chinese buyers have an average budget of $1.4 million.