| Population |
4.1
million (July 2007) |
|
Gross Domestic Product (GDP) |
$112.6 billion (2007) |
|
GDP Per Capita |
$27,300 (2007) |
|
Inflation Rate |
2.5%
(2007) |
| Currency |
New
Zealand Dollar (NZD) |
|
Exchange Rate Versus U.S. Dollar |
1.3811 New Zealand dollars = 1 U.S. dollar (Mar 2008) |
|
Language |
English (official), Maori (official),
Sign Language (official) |
|
Capital |
Wellington |
| Population of Capital
City |
379,000 (2007) |
| Time Zone |
GMT
plus 12 |
| Seasons |
Maritime temperate: wet, cool
winters,
warm summers |
|
International Dialing Code |
64 |
| Electricity |
230V/ 50 Hz; Plug Type: I |
| System of Government |
parliamentry democracy |
Name and Party
Affiliation
of Current Leader |
Helen Clark
New Zealand Labour Party |
|
Income Tax Rate for Residents |
0%
to 39% |
|
Property Tax |
On land value only |
|
Capital Gains Tax |
None, except for developers and agents |
|
Inheritance Tax |
0%
to 25% |
|
Rental Income Tax |
Taxed as regular income |
|
Transfer Tax |
0% |
|
Sales Tax |
12.5% |
Restrictions on Foreign
Ownership of Property |
Some restrictions on land
ownership |
|
Local Chamber of Commerce |
|
|
American Chamber of Commerce |
|
| Primary Exports |
dairy products, meat, wood and wood
products, fish, machinery |
| Residency and Visa
Requirements |
Tourist
Visas: automatic 90 days upon entry
Residency: student,
work, working holiday visas;
skilled migrant, business and investment,
family,
samoan quota, and refugee family support visas
Citizenship: possible
after 5 years of residency |
Special Benefits for Foreign
Residents or Retirees |
None |
|
National Airline |
Air
New Zealand
www.airnewzealand.com |
| Preferred Contact |
|
