Why We Didn’t Include These Retire Overseas Locations
As we finalize plans, presentations, and panel discussion talking points for this week’s Retire Overseas Virtual...
Read moreInformation 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 | 2Prime 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 Citizenship: possible after 5 years of residency |
Special Benefits for Foreign Residents or Retirees | None |
National Airline | Air New Zealand www.airnewzealand.com |
As we finalize plans, presentations, and panel discussion talking points for this week’s Retire Overseas Virtual...
Read more"Do any retirement bargains exist in any English-speaking countries, such as Australia or New Zealand?" -- Charles L., United States...
Read more"Kathleen, I have to write to tell you how much I enjoy reading your articles. Although I am not an...
Read moreHow 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....
Read more© 2008-2021 - Live and Invest Overseas - All Rights Reserved.
© 2008-2021 - Live and Invest Overseas - All Rights Reserved.
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