All Topics / Help Needed! / nz

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  • Profile photo of bigzbigz
    Participant
    @bigz
    Join Date: 2004
    Post Count: 1
    October 6, 2004 - 11:44 am

    i was wondering if anyone could tell me where to find info on buying in nz. i want to know if there are extra taxes and charges for australians buying there. thanx

    Profile photo of FFCommFFComm
    Member
    @ffcomm
    Join Date: 2004
    Post Count: 627
    October 6, 2004 - 1:37 pm

    No extra taxes but if you don’t set it up the correct way profit (monies left after the mortgage) can be included on your personal tax return, and if you sell a property you can still be liable for CGT if you bring the money back to AUstralia.

    Rgds.
    Lucifer_au

    Profile photo of muppetmuppet
    Member
    @muppet
    Join Date: 2003
    Post Count: 900
    October 6, 2004 - 6:26 pm

    Hi Bigz

    Welcome to the forum.

    There is a host of postings about buying in NZ.

    Use the search function both on PI and also on http://www.propertytalk.co.nz

    Regards

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