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Viewing 7 posts - 1 through 7 (of 7 total)
  • Profile photo of itchyfeetitchyfeet
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    @itchyfeet
    Join Date: 2004
    Post Count: 12
    March 13, 2006 - 12:12 pm

    Hi Richard,

    The properties are located in one of the Pacific Islands.

    Regards,

    ItchyFeet

    Profile photo of itchyfeetitchyfeet
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    @itchyfeet
    Join Date: 2004
    Post Count: 12
    March 12, 2006 - 7:59 am

    Thanks for the info Grossrealisation – I will check out the options you mentioned.

    Cheers,

    ItchyFeet

    Profile photo of itchyfeetitchyfeet
    Member
    @itchyfeet
    Join Date: 2004
    Post Count: 12
    September 30, 2004 - 10:39 am

    Hi Fluffy,

    I have purchased 2 investment properties in NZ using a company/trust structure (the company is the trustee – my wife & I are directors). I dealt with Russell from the following law firm in Queenstown and found him excellent. He set up everything for me at a reasonable price and the service was great.

    http://www.queenstownlaw.co.nz

    Good luck!

    ItchyFeet

    Profile photo of itchyfeetitchyfeet
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    @itchyfeet
    Join Date: 2004
    Post Count: 12
    April 30, 2004 - 9:53 am

    Hi Steve,

    I take your point but I am still in the ‘due diligence’ phase of the contracts (another 10 days to go) and settlement is not for another 2 months. I have already sought NZ legal advice and have a way to get my money out – I was simply exploring other (more direct) options. The deals were good ones and I didnt want to lose the opportunity due to lack of understanding of the finer implications of the Aust/NZ tax system. That was the idea of buying time with the ‘due diligence’ period.

    Rgds,

    ItchyFeet

    Profile photo of itchyfeetitchyfeet
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    @itchyfeet
    Join Date: 2004
    Post Count: 12
    April 30, 2004 - 9:17 am

    Thanks Lucifer_au – that was a good link.

    Any ideas where I get hold of some LO templates (NZ or Aust?)

    Cheers,

    ItchyFeet

    Profile photo of itchyfeetitchyfeet
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    @itchyfeet
    Join Date: 2004
    Post Count: 12
    April 29, 2004 - 1:21 pm

    My Brother transfers a lot of money overseas with his business and he swears by Travelex (www.travelex.com.au). I think the thing to watch is not how much they charge you up front, but the exchange rate they use. You can lose 10% of your money if you go through a normal bank (compared to the international money market rates).

    Cheers,

    ItchyFeet

    Profile photo of itchyfeetitchyfeet
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    @itchyfeet
    Join Date: 2004
    Post Count: 12
    April 29, 2004 - 11:20 am

    I am also very interested – tell us more!

    Cheers,

    ItchyFeet

Viewing 7 posts - 1 through 7 (of 7 total)