Hi Guys,
http://www.stuff.co.nz/stuff/sundaystartimes/0,2106,3295854a6445,00.html
Apeears changes in the NZ capital gains tax regime may occur aimed at changing the amount of foreign investment by Kiwi’s overseas. The NZ gov’t plans are hoped to encourage more local investment.
Cheers
This also means that it will continue to be great investing for Australians in New Zealand. It is important to establish the correct tax structures. Also look to main cities rather than one horse country towns.
Nigel Kibel
http://www.propertyknowhow.com.au
Australian and New Zealand Buyers advocate
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