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5 Year Tax Haven

     
11:26 pm on Sep 10, 2007 (gmt 0)

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I moved to New Zealand from the UK in 2005. Earlier this year I noticed that, as an incentive to obtain skilled and wealthy migrants, the NZ government is offering 5 years tax free on all earnings obtained outside NZ for new immigrants.

How I wish this had applied when I had arrived. Its a huge opportunity - and NZ is a great place to live. Sticky me if you need more detail on this or follow the link to New Zealand's IRS relevant page if the moderators allow it here:
[ird.govt.nz...]

7:56 am on Sept 11, 2007 (gmt 0)

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Don't know a damn thing about the tax structured but I always wanted to ask this question from a Brit abroad.

If you move from Britain to another former Commonwealth nation, do you get automatic entry or do you have to go through a immigration policy like anyone else?...KF

8:09 am on Sept 11, 2007 (gmt 0)

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I wonder how this relates to double-taxation treaties. Did NZ previously seek to tax income upon which tax had already been paid overseas?
8:10 am on Sept 11, 2007 (gmt 0)

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>>If you move from Britain to another former Commonwealth nation,

NZ is not a FORMER commonwealth country :)

[thecommonwealth.org...]

>>do you get automatic entry or do you have to go through a immigration policy like anyone else

you can't just walk through the door, the immigration policy applies to brits too

 

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