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Are you migrating or returning to New Zealand? Are you aware of the tax implications of such a move? Many people move to New Zealand having kept overseas properties. Sadly, these new Kiwis can easily be caught out by the tax traps involved in this, leading to both undesirable and unexpected outcomes.
While no comprehensive capital gains tax is being considered in New Zealand at present, there is already a full body of tax law relating to land. The misconceptions as to… read more →