There are many reasons why people might want to invest in New Zealand. Perhaps the most obvious one is that it offers a high quality of life. The country consistently ranks highly in global surveys for its political stability, economic freedom, and quality of public services.
Another compelling reason to invest in New Zealand is its attractive tax regime. Generally speaking, New Zealand taxes are lower than in many other developed countries. And, for foreign investors, there are a number of special tax incentives that can further reduce the amount of tax you pay.
New Zealand is also a great place to do business. The country ranks highly in the World Bank’s “ease of doing business” rankings. And, for businesses that are looking to expand into Asia, New Zealand can be a strategic gateway.
What are Visa Options for Investments?
If you’re looking to invest in New Zealand, there are a number of different visa options that might be available to you.
The most common option is the Investor Plus visa. This visa is designed for high-net-worth individuals who want to make a significant investment in New Zealand. To qualify, you’ll need to make an investment of at least NZD $10 million.
If you’re looking to make a smaller investment, the Investor visa might be a better option. To know more please book a consultation with us.
Social Security for Migrants in New Zealand
When it comes to social security, migrants in New Zealand are entitled to the same entitlements as any other New Zealand resident. This includes things like healthcare and unemployment benefits.
One area where migrants might face some difficulty is in accessing retirement benefits. If you’re not a citizen or permanent resident of New Zealand, you might not be able to access KiwiSaver, which is New Zealand’s retirement savings scheme.
However, there are a number of private retirement schemes that migrants can access. And, if you’re planning on staying in New Zealand for the long term, it’s definitely worth considering one of these options.
What Benefit can Families Avail?
Families who migrate to New Zealand can avail themselves of a number of different benefits. One of the most important is the right to free education. All children who are residents in New Zealand are entitled to attend school for free up until they turn 19 years old.
Families might also be eligible for things like Family Tax Credits and the Accommodation Supplement. These benefits can help to offset the cost of living in New Zealand.
What are other Common Reasons for Migrating to New Zealand?
Aside from investment and family reasons, there are a number of other common reasons why people might choose to migrate to New Zealand.
One of the most popular reasons is for work. New Zealand is a great place to find work, especially if you have skills that are in demand. The country also offers a number of working holiday visa options, which allow people from certain countries to come and work in New Zealand for up to 12 months.
Another common reason for migrating to New Zealand is to study. The country offers a high-quality and internationally respected education system. And, with its relatively low cost of living, it’s an affordable place to study.
Conclusion
There are several compelling reasons to invest in New Zealand. The country offers political stability, economic freedom, and attractive tax incentives. It’s also a great place to do business and has a high-quality education system. If you’re considering migrating to New Zealand, several different visa options might be available to you.
To know more please book a consultation with us.
