Author: advisory_tax

It is well known that New Zealand does not have a capital gains tax regime. However, less well known are the various ways in which the sale of land can give rise to taxable income. These include: Land acquired with an intention of resale Land disposed of within the 5 or 10 year bright-line period… Continue reading Taxation of land in New Zealand

Many new residents continue to own rental properties outside of New Zealand and incorrectly assume that there is no New Zealand tax filing obligation in relation to the property because they file taxes in the country where the property is located. This is a common misunderstanding. Once a new migrant is NZ tax resident and… Continue reading Overseas rental properties

A well-managed tax migration strategy can significantly reduce the tax costs to new migrants. Wherever possible, NZ migration tax planning should start before the first NZ Customs entry stamp in the passport. Many individuals will be, at least for a period of time, tax resident under both NZ and the home country’s domestic residency tests… Continue reading Moving to New Zealand