Property Finance

[santiago]

Hey Everyone,

I have just come home from Steves Melb Master class. An absolute must for those who are serious about investing of any sort.

Anyway my question is does know the process and costs for setting yourself up as a separate business identity in NZ in order to qualify for property finance

Thanks

[mathew]

santiago,

I have read somewhere that an Aussie investor can set up a trust in NZ to invest in property and the trust will only pay 33% tax in NZ. Then as long as you leave the money in NZ and reinvest it then you won't have to pay tax in Australia on the earnings.

I have also read conflicting views - that you have to pay your marginal rate on earnings in NZ no matter whether you repatriate them or not.

I am interested in any opinions/experience out there.

Thanks!!