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Buying Real Estate in New Zealand is Becoming Easier

by Marquette Turner Luxury Homes

in Features, Money & Business, Real Estate Radar, Resources, Variety

Our good friend in New Zealand, Terry Spice, writes:

Changes to New Zealand business migration laws, due to take effect at the end of November, is good news for those seeking residency in New Zealand. More than 12,000 people have registered their interest under the new Entrepreneur Plus immigration category, which offers a fast track to residency for those who invest $500,000 NZD in their NZ business and create three full-time jobs.

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The Investor category offers residency to applicants looking to invest and maintain $1.5M NZD to $10M NZD in New Zealand over three to four years. Immigration NZ lists their five preferred areas of investment as: existing business, commercial or investment property, education and training, professional, scientific and technical services and tourism.

These new immigration policies offer a wonderful opportunity for those seriously looking to expand their portfolios in a secondary country of residence. Investing in New Zealand offers financial benefits such as: No capital gains tax, no financial transfer tax, generous depreciation rates and no wealth or death duty.

For further information or discussion, please contact Terry @: terry.spice@highcountryrealty.co.nz or call him on: +64 21 755889

To view New Zealand real estate listings CLICK HERE

To see currency exchange rates CLICK HERE

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