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      New Zealand Facts And Figures

      Facts About New Zealand

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          A view over a city in New Zealand at dusk with mountains and water in the background

          Facts About New Zealand

          Here is some useful information about: New Zealand

          Lief Simon, Director of Overseas Property Alert, Founde of Simon Letter, and Founder, of Global Property Advisor

          Reviewed By Lief Simon

          Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.

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            Information TypeNew Zealand Data
            Population4,822,223 (June 2020 est.)
            Gross Domestic Product (GDP)US$219 billion (2020 est.)
            GDP Per CapitaUS$38,900 (2020)
            Inflation Rate1.22% (2020)
            CurrencyNew Zealand Dollar (NZD)
            Exchange Rate Versus U.S. Dollar1.53 New Zealand dollars = 1 U.S. dollar (June 2020)
            LanguagesEnglish (official), Maori (official), Sign Language (official)
            CapitalWellington
            Population of Capital City414,818 (2020)
            Time ZoneGMT plus 12
            SeasonsMaritime temperate: wet, cool winters, warm summers
            International Dialing Code64
            Electricity230V/ 50 Hz; Plug Type: I
            System of GovernmentParliamentary Democracy, Common law system, based on english model.
            Name of Current LeaderPrime Minister Chris Hipkins (Since 2023)
            Income Tax Rate for Residents0% to 33%
            Property TaxOn land value only
            Capital Gains TaxNone, except for developers and agents
            Inheritance TaxNo
            Rental Income TaxTaxed as regular income
            Transfer Tax0%
            Sales Tax12.5%
            Restrictions on Foreign Ownership of PropertySome restrictions on land ownership
            Local Chamber of Commerce100 Mayoral Drive
            P.O. Box 47
            Auckland 1001
            Tel: +64 (09) 309 6100
            American Chamber of Commercewww.amcham.co.nz
            12-26 Swanson Street
            Aucland Central 1001
            Tel: +64 (09) 309 9140
            Primary ExportsDairy products, meat, wood and wood products, fish, machinery
            Residency and Visa RequirementsTourist Visa: automatic 90 days upon entry

            Residency: student, work, working holiday visas; skilled migrant, business and
            investment, family, samoan quota, and refugee family support visas

            Citizenship: possible after 5 years of residency

            Special Benefits for Foreign Residents or RetireesNone
            National AirlineAir New Zealand
            www.airnewzealand.com
            Lief Simon, Director of Overseas Property Alert, Founde of Simon Letter, and Founder, of Global Property Advisor

            Reviewed By Lief Simon

            Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.

            Start Your New Overseas Life Today

            A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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              Be The First To Ask About New Zealand

              Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

              Portugal is known for Fado music and also for being the largest cork producer in the world.

              Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

              Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

              More Resources From New Zealand

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