In many cases they cannot buy residential property unless it is in an off the plan project then up to 50% can be sold to overseas investors. There have been changes to these rules for Americans withthe free trade deal.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

I have conducted seminars in the past and I will be shortly conducting them on New Zealand. I am running a service. Our workshops will involve all aspests of investing in New Zealand. I do not consider this a scam. It means that people may learn something do it themselves or use my service. They will have met me in person and they can then determine wither my service is for them

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

In my view buying properties in one horse and other towns is dangerous. Most smart investors who brought in these towns are now out. In many cases 10 years worth of growth happened in 12 -18 months. Many people who purchase now could find themselves in deep trouble.

If you are going to purchase buy in main cities. If you want positive cashflow with some growth I strongly suggest New Zealand as the place to buy

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

someone should send this to our wonderful treasurer

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

Good news for investors if it happens.
However I have yet to see BIS Shapnel get interest rates right. It seems like a good idea to make such a prediction because it gets there name out there. With a cooling housing market and a slowing economy why would interest rates rise.

Finally housing affordability really has more to do with first home buyers. If you are buying and selling in the same market it does not really matter.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

Dear MA

I have been posting on Somersoft for the last few years. I have been posting here for only a few weeks. The main difference is that Somersoft is full of people who seem to know everything. Though some of the answers they give really make me wonder. Here there are a look of people who want to learn. I think this site is great

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

Come off it.

We did not even have capital gains tax until 1985. In New Zealand capital gains tax and stamp duty have been abolished. If we can assist 10% more people to be self sustained and not having to rely on the State for a pension it will make a huge difference. What do you suggest yets alm stay on the same level while the country goes broke. It may also encourage more people to invest. It may well be that capital gains tax will only be abolished on the first investment, thereby an investor could sell a property reduce the dealt and live on the proceeds

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

If we look at all the projected figures then by 2020 we will have double the amount of people aged over 65 and only 5% of people entering the workforce by 2020. These are government projections. If you review these figures then how did the budget address these issues. Sure there were tax cuts. The superannuation levy was abolished. But what was required was a stratagy for people to save money. At Liberal party state council about a year ago I put up a policy motion to abolish capiatal gains tax after 15 years as an incentive for long term savings. The motion was passed without dissent. That was the last I heard of it. What is clear is that now is the time to look at savings issues. If we accept that 80% of people will not be able to maintain there current lifestyle in Retirement perhaps the government missed an opportunity to introduce savings stratagies at the budget. Perhaps this is even more important than workplace reforms

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

Because you do not have security in New Zealand you need a 20% deposit. Because you are buying positive cashflow properties we can establish a structure that will make it far easier to get future finance. But as long as you have the 20% deposit it will be easier than here.

In Australia because most properties are negative the banks with only a 10% deposit will look far more closly at you ability to make repayments

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

If you are looking for a long term investment and you want capital growth you will not get positive cashflow. You would be better off with a house and land package in Brisbane or a period property which is always good for capital growth

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars