Now is the time to invest in New Zealand!
New Zealand has stronger rental yields than Australia, it’s major cities average between 5-10%
Would you believe, New Zealand has NO stamp duties!, NO capital gains tax! and NO property purchase tax!
New Zealand is at the bottom of its property cycle, prices are very low and there are bargains to be had.
Take advantage of the great exchange rate our dollar has over the New Zealand dollar.
New Zealand is famous for its clean, green environment, with magnificent mountains and sparkling waterways. It is our closest neighbours and provides Australian’s with a very good alternative property investment, which provides great growth potential, combined with fantastic yields. Currently there are a range of excellent investment opportunities. We have done the research and are excited about the potential that New Zealand has to offer.
There are many benefits for investing in New Zealand including:
Tax friendly nation
New Zealand is an investment friendly country with no stamp duty, mortgage stamp duty, land tax, property purchase tax, nor capital gains tax. Some countries (eg. Australia), require property buyers to pay stamp duty tax, up to 3-4% of the purchase price!Australian investors also receive excellent tax incentives from the Australian Tax department for owning New Zealand property. If you are on the highest marginal tax rate owning New Zealand property can provide great tax benefits.
New Zealand also has comparatively high depreciation rates, making a New Zealand investment property even more tax effective.
A relatively untapped market
New Zealand's property prices are relatively cheaper than its major trading partners and most OECD countries. Offshore investment is in its infancy however the level of interest is increasing as more and more people hear about the fantastic growth and income opportunities.
High Rental Yields
Most large cities around the world experience solid capital growth but lack the rental returns. New Zealand boasts rental yields of 6-10% in its major cities which is fantastic for an investor seeking a capital growth orientated market whilst still maintaining a good cash flow position.
Great exchange rates
The New Zealand dollar has traditionally been weak against the Australian dollar, US dollar and UK Pound Sterling. These favourable exchange rates make New Zealand property even cheaper for overseas investors.
Top reasons to invest in New Zealand Property
New Zealand has a strong history of capital growth, with the added benefit of no capital gains tax.
Strong robust economy. New Zealand has a diverse economy generating income for a variety of sources, primarily horticulture, agriculture and commerce and industry.
Stable banking and finance sector. New Zealand banking 4 major banks are owned by Australian banks, so you can have confidence in them, they are all ranked among top 30 banks in the world.
New Zealand has a very stable government and rank second in world as the safest place to conduct business and investment.
Projected high population growth, through immigration. New Zealand is seen internationally as a safe haven from the rest of the world.
New Zealand’s Government actively encourages overseas investors into the property market with few restrictions on the style of property that investors can purchase.
For Australian investors New Zealand is a tax friendly nation
Would you believe New Zealand has…
· No stamp duty,
· No mortgage stamp duty,
· No land tax,
· No property purchase tax,
· No capital gains tax.
· A government which encourages overseas investment, which makes it a easy investment opportunity.
New Zealand also has comparatively high depreciation rates(3% on the Building), making a New Zealand investment property even more tax effective. For Australian investors, a change in tax law (came into effect in 2003) makes New Zealand investment property even more tax effective. The Australian Tax Office (due to a change in the Thin Capitalisation Rules) now allows investors to deduct interest costs from New Zealand property from their Australian taxable income. If structured correctly, it provides Australian investors with a sizable tax refund at the end of the financial year. You can even claim some of your travel to New Zealand to visit your investment.
High Rental Yields
Most large cities around the world experience solid capital growth but lack the rental returns. New Zealand boasts rental yields of 6-10% in its major cities which is fantastic for an investor seeking a capital growth orientated market whilst still maintaining an excellent cash flow position.
Diversify your portfolio
Property should be an integral part of any well balanced investment portfolio. A carefully managed, well researched and diverse property portfolio can offer one of the most enjoyable and profitable medium to long term investments that can be made. By having a diverse range of property worldwide investors are able to help cushion themselves against downturns in particular markets. New Zealand offers an opportunity for Australian investors to invest in international property market right on our doorstep.
Easy to invest.
To purchase property in New Zealand is very straight forward. As always we have done all the research for you. We have consultants based in New Zealand who provide us with that all important local knowledge and negotiate the best deals for us. Our purchasing process is a very transparent one which keeps you the investor in control of the entire process. We take care of everything for you, we have recommended lawyers, property managers, mortgage consultants, valuers, inspectors, accountants, everything to help you enjoy a hassle free investment experience.
New Zealand property investment offers fantastic returns, great growth potential and a beneficial alternative for Australian investors.
For more information, please complete the form below and a consultant will contact you soon.
New Zealand Enquiry Form
