What investors need to know to invest in New Zealand - FAQs | Invest New Zealand (2024)

FAQs

What are the rules for foreign investments in New Zealand? ›

Investments requiring consent

Consent is required for investments by overseas persons in sensitive New Zealand assets. Such an investment can include: acquiring a sensitive asset (such as sensitive land) leasing a sensitive asset for more than 10 years.

Overseas people usually cannot buy a house or land in New Zealand. If you have a residence class visa but you are not yet 'ordinarily resident', you can buy or build one home to live in as long as you get consent from the Overseas Investment Office before you buy.

Eligible investors are investors who self-certify that: They have previous experience to assess the merits of the transaction, their information needs and the adequacy of the information provided; and.

You pay tax on interest and dividends you earn from bank accounts and investments you have in New Zealand. You also pay tax on income from overseas accounts and investments. The payer of interest or dividends will withhold tax before making the payment to you. This is called resident withholding tax (RWT).

Under New Zealand's tax settings for FIFs, owning such shares can result in an annual tax bill based on 5% of the valuation of that investment.

New Zealand's thriving tourism industry fuels the demand for accommodation services, making it a key player in the country's economy. The influx of domestic and international tourists seeking memorable experiences has spurred investments in the accommodation sector.

The prudent investor rule means that in making investments the fiduciaries shall exercise the judgment and care, under the circ*mstances then prevailing, that an institutional investor of ordinary prudence, discretion, and intelligence exercises in the management of large investments entrusted to it, not in regard to ...

What are the requirements of an investor? ›

Accredited investors get this designation by satisfying at least one requirement regarding income, net worth, asset size, governance status, or professional experience.

"While one option is to invest in low-risk investments like term deposits. Another option is to start slowly by investing a small amount of money each month. You can also create a savings plan to automatically invest a set amount of money each month without thinking about it.

New Zealand companies owned by overseas companies

A New Zealand company that is wholly owned by an overseas company may be an acceptable investment. You need to provide us with information about the New Zealand company, including what it does, where your funds would be used, and how you would transfer your funds.

The United States and New Zealand cooperate especially closely on supporting a Pacific islands region that is free, open, prosperous, and free of coercion. The two countries work together on a range of scientific areas, especially research in Antarctica.

New Zealand has an open and transparent economy. Foreign investment is generally encouraged without discrimination. Some restrictions apply in a few areas of critical interest, including certain types of land, significant business assets, and fishing quotas. These restrictions are facilitated by a screening process.

The bill would amend the Overseas Investment Act 2005 to remove barriers to overseas investment in "build-to-rent" housing. It aims to do this by creating a new streamlined test that would allow overseas investors to buy existing large rental developments, provided they meet the requirements of the investor test.