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New Zealand Facts And Figures

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Facts About New Zealand

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 Jacinda Ardern (Since 2017)
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 www.chamber.co.nz
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

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How To Avoid Crime Overseas Staying safe involves making sensible decisions and planning ahead. By taking a few precautions you can minimize the dangers, no matter which country you’re in. Some of this advice may seem ridiculously obvious, but it bears repeating. Before you travel to a new place, do some research and find out which areas you should avoid. Every city and country has places with higher rates of crime. Work out where these are, and don’t go there....

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Get Your Free​ ​Overseas Information Report Today!
 

​Learn more about ​NEW ZEALAND​ ​​​and other countries in our free, daily Overseas Opportunity Letter​​​​​​​​​. Simply enter your email address below and we’ll send you our FREE REPORT – ​​The 10 Best Places To Retire In 2020