The floodgates are set to open for Chinese buyers to pour US$10.9 billion into New Zealand real estate as restrictions on privately held capital are eased, according to a new report.

New Zealand was one of one of six countries targeted for the capital injection and Sydney-based Juwai spokesperson Dave Platter said commercial, industrial, retail and residential properties were all targets.

It will create jobs, new construction and economic growth. This will have the same effect on New Zealand as the demand for dairy products has had. The only difference is that the Chinese investors don't shift the properties overseas. They will pay taxes on them. It's a firm benefit for the majority of New Zealanders who owe property. They stand to benefit.