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While on the way to NZ : Open a Free Bank Account Online

You may be able to use a four year tax exemption on foreign income when you move to New Zealand. Consider whether your funds should be moved to New Zealand or left offshore to derive income tax-free.

There are no death duties in New Zealand. If you’re moving to New Zealand indefinitely, consider whether you can change your domicile to limit the imposition of estate and death duties.

Foreign exchange gains may be taxable - even if unrealised.

Be sure you understand the “financial arrangement rules” and how they apply to your foreign currency holdings and mortgages. In some cases foreign exchange movements are taxable annually, even if the foreign currency loan or deposit remains in place.

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Owner: Shadab Khan

Submitted On: 2011-12-27


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