New Zealand Facts And Figures

Facts About New Zealand

We Value Your Privacy! We will not share your email address with anyone else, period.

Facts About New Zealand

Here is some useful information about: New Zealand

Reviewed By Lief Simon

Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.

Start Your New Overseas Life Today

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2025

We Value Your Privacy! We will not share your email address with anyone else, period.


Information Type	New Zealand Data
Population	4,822,223 (June 2020 est.)
Gross Domestic Product (GDP)	US$219 billion (2020 est.)
GDP Per Capita	US$38,900 (2020)
Inflation Rate	1.22% (2020)
Currency	New Zealand Dollar (NZD)
Exchange Rate Versus U.S. Dollar	1.53 New Zealand dollars = 1 U.S. dollar (June 2020)
Languages	English (official), Maori (official), Sign Language (official)
Capital	Wellington
Population of Capital City	414,818 (2020)
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	Parliamentary Democracy, Common law system, based on english model.
Name of Current Leader	Prime Minister Chris Hipkins (Since 2023)
Income Tax Rate for Residents	0% to 33%
Property Tax	On land value only
Capital Gains Tax	None, except for developers and agents
Inheritance Tax	No
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	100 Mayoral Drive P.O. Box 47 Auckland 1001 Tel: +64 (09) 309 6100
American Chamber of Commerce	www.amcham.co.nz 12-26 Swanson Street Aucland Central 1001 Tel: +64 (09) 309 9140
Primary Exports	Dairy products, meat, wood and wood products, fish, machinery
Residency and Visa Requirements	Tourist Visa: 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

Reviewed By Lief Simon

Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.

Start Your New Overseas Life Today

We Value Your Privacy! We will not share your email address with anyone else, period.

Be The First To Ask About New Zealand

Where Is Portugal?

Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

What Is Portugal Known For?

Portugal is known for Fado music and also for being the largest cork producer in the world.

When Are The Best Months To Travel To Portugal?

Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

Is Portugal A Good Place For Retirement

Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.