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Old 25-09-2006, 07:49 AM
zion zion is offline
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Join Date: Aug 2006
Posts: 6
Default Australians who wish to invest in New Zealand

Hey All,

It is important that if you have an interest in New Zealand you do your research first. There is no doubt that NZ is a great place to invest however there are a number of rules that you need to follow. I have been purchasing properties for clients for some time. Many people purchase in country areas, I prefer maim cities where you can still get great capital growth but also terrific cash flow. It is also important to set up the correct tax structures for without them you may end up with a serious tax problem. I also like established property. Given that there is no stamp duty I cannot see the point in purchasing over priced off the plan product mainly sold through marketing companies. Overall NZ is a wonderful country with far more incentives to save money than Australia, but please do your research before you purchase
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