Grass is greener in New Zealand?

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    Grass is greener in New Zealand?

    As a Landlord, I was fed up of regulation and tax changes. I did consider investing abroad.

    Landlords in New Zealand have been hit with tax hike. Although it seems to be similar to the UK, where interest cost if not deductible. However, their equivalent of Capital Gains Tax is fare more generous then the UK. In the past it was 5 years CGT tax free, but now gains are tax free after 10 years.

    Similar debates being held about housing shortages and house prices....


    #2
    Grass is greener there as they've had summer recently, we've enjoyed winter. Of course the grass will be greener, lusher, thicker.
    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

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      #3
      Think of the travel claim to attend your property!!

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        #4
        The grass maybe greener but that’s normally because there is more manure there

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