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Also, other advantages are no stamp duty, or capital gains tax (however I'm still working out how whether CGT is affected by investing from aus).
Hi all,
NZ has been a good place for investment me in the last couple of years. Have managed some good deals, with low reno costs to achieve some great equity gains and positive cashflow. The NZ market, from the perspective of most commentators, looks to be on the increase. Auckland and Wellington are seeing some good deals at the moment, but don't go past some of the smaller centres, particularly with universities. These will allow great cashflow, and provided the university is expanding, so to should come capital growth..
Cheers, Matt
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