New Zealanders Working Overseas - Expatriates
After 1 April 2006 new migrants and returning New Zealanders who have not been tax-resident for at least ten years will be exempted from tax for four years on foreign income such as dividends, interest, royalties and rental income.
The ten year requirement is designed to ensure that New Zealand residents do not leave the country just to become eligible for the exemption.
The changes are part of the Taxation (Depreciation, Payment Dates alignment, Fringe Benefit Tax (FBT) and Miscellaneous Provisions) Bill
If you are working overseas you may like to send your spare money back to New Zealand to invest.
Take advantage of the higher interest rates offered in New Zealand. If you are deemed to be a non resident for tax purposes you can invest into secured debenture funds and request a "non issuer tax levy" and be taxed at only 2%.
We can facilitate UK pension transfers.
Transfer your UK Pension to a QROPS Approved Schemes.