About
New Zealand

SPEND YOUR GOLDEN YEARS
LIVING AN AMAZING LIFESTYLE

New Zealand offers an idyllic and relaxed way of life that is perfect for retirees and with plenty of activities to do.

With some of the best walks, beaches, and scenery in the world you will never run out of things to do.

Not only are daily expenses cheaper in New Zealand than in Singapore but it has excellent healthcare facilities ensuring you experience the utmost wellbeing.

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Education

New Zealand also offers safety as it was ranked second on the 2021 Global Peace Index. The crime rate is extremely low, and the religious tolerance is high.

Safety

New Zealand also offers safety as it was ranked second on the 2021 Global Peace Index. The crime rate is extremely low, and the religious tolerance is high.

Transport

In this small country divided into two main islands, key areas to visit are well connected by air and by road, and there are plenty of choices for how to move between destinations. Getting around New Zealand by plane is also easy, with domestic airports at many locations making almost every part of the country accessible. New Zealand has a great public transport system, connecting cities to popular tourist destinations. InterCity Coachlines offers
point-to-point service all around the country. Kiwi rail caters largely to tourists and sightseeing. They are undeniably scenic journeys showing off the most spectacular of the country’s landscapes.

Healthcare

According to the 2021 Legatum Prosperity Index , New Zealand ranks 24th in the world for healthcare.

All New Zealand residents are entitled to use government-subsidised healthcare. The standard of care is very high, and services are provided with no out-of-pocket costs.
Non-residents can also use the healthcare system but may have to pay a fee for some of the services. With consistently low rates of transmission, New Zealand’s successful response the Covid-19 pandemic has influenced countless policies around the world.

Beautiful Scenery

New Zealand has 15,000 kilometres of blissfully uncrowded coastline with a diversity all of its own. The West Coast is rugged and untamed with many black-sand beaches, while the East Coast has gentle gold-sand beaches, quiet coves and harbours dotted with islands. This incredible country offers spectacular glaciers, picturesque fiords, rugged mountains, vast plains, rolling hills, subtropical forests, a volcanic plateau, and miles of coastline with sandy beaches. Much of these landscapes are protected by National Parks with thousands of kilometres of walks and trails opening their beauty to the public.

Benefits of Investing in
New Zealand Property

1. Unique Advantage of Singaporeans and Australians
Overseas people face restrictions when buying residential land or houses in New Zealand. Having said that, if you are an Australian or a Singaporean you are the exception to the rule. This special exemption offers Singaporean investors a rare advantage to tap into an exclusive property market.

2. Enjoy Substantial Savings in Stamp Duty
If you are a Singaporean buying a second residential property in Singapore, you will have to pay a total of 20% of the purchase price in stamp duties (BSD + ABSD), based on the prevailing tax rate as of July 2022.

Unlike many countries, New Zealand does not impose Stamp Duty on purchase or sale of real estate or any levy on foreign purchasers buying residential properties. This means a substantial savings on your Buying Cost right at the beginning.

3. You Own the Land in Perpetuity
Most properties in New Zealand come with freehold titles. You own the land in perpetuity (if you purchase a landed house). You don’t have to pay any ground rent or worry about unknown lease renewal fee or value depreciation due to lease decay.

4. The Profit is Yours to Keep
New Zealand does not impose capital gains tax.

If you purchase a New Build property and sell it after five years of holding, your profit from the sale or capital gains will not be subject to tax, under the “Bright Line Test”, as long as you are not deemed as a trader in the eyes of the Inland Revenue Department (IRD).

Disclaimer: Matters concerning government regulations and taxes are subject to changes from time to time. Please do check on the latest relevant regulation before investing.

5. No Inheritance Tax
Some countries, such as Japan, South Korea, France, imposed hefty inheritance tax, up to 55%, when you pass on your property to the next generation or your loved ones.

However, in New Zealand, there is no inheritance tax payable.

6. House Prices Enjoy Consistent Capital Growth Over the Long Term
According to Core Logic – explain who Core logic are (maybe insert the link here) New Zealand property value has appreciated by 290% over a 20-year period.

The national average property value rose from $263,562 in December 2003 (almost 20 years ago!) to $1,027,121 in May 2022. This works out to a cumulative 290% increment or an annual average increase of 7.5%.

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