New Start NZ have a team of professionals including Immigration Advisers, Chartered Accountants and Lawyers with experience in Banking, Finance, Law and Property, which allows us to offer a complete financial and legal offering to Investors.
Investing a large amount of money into a new country requires continual support and expert advice. New Start NZ offer clients access to our local specialists including bankers, accountants, lawyers, financial advisors, brokers and real estate agents to streamline the Investment visa process making it a pleasant and straight forward process.
An investment visa is for those looking to gain residence by investing into a New Zealand business or other ‘acceptable investment’. There are currently two investment visas which require thresholds of NZD$10 Million for the Investor 1 category or NZD$3 Million for the Investor 2 category.
Investments must be in one or more of the following:
- Equity in New Zealand firms – these can be public or private
- Equities in New Zealand registered banks
- Residential property development
- Eligible New Zealand venture capital funds
- Commercial property
- Philanthropic investment
- ‘Angel funds or networks’ investments.
- For the Investor Plus category, the visa applicant will be required to keep investment funds in an acceptable investment for three years. Applicants will also need to spend at least 44 days in New Zealand each year in last 2 years of your 3-year investment period or 88 days over the three year investment period, depending on their investment.
- For the Investor 2 category, applicants will need to keep investment funds in an acceptable investment for 4 years. Applicants will also be required to spend at least 146 days each year in New Zealand in the last 3 years of their 4-year investment period, or 438 days over the four year investment period, depending on the level of investment.
New Zealand operates one of the worlds most competitive and efficient tax systems. Some key tax incentives offered to foreign investors are:
- No capital gains tax
- No gift or estate duty
- Exemption from foreign tax for “Transitional tax residents” i.e. no New Zealand tax on foreign sourced income derived in first 48 months in New Zealand
- The New Zealand imputation tax system avoids double taxation of business income derived in New Zealand by New Zealand companies
- New Zealand operates “Double Tax Agreement’s” with a number of major economies which helps facilitate the flow of business between New Zealand and other major economies in a tax efficient manner.
We will help engage clients with professional Tax Advisors in New Zealand to structure business and investment affairs in the most tax efficient manner.