Thread: Simply can't afford to live in NZ
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Old 04-05-2007, 12:32 PM
ExPat ExPat is offline
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Quote:
Originally Posted by duane1x View Post
You sound like a libertarian?

I was doing some Google searches on NZ tax and it appears that NZ does not have a capital gains tax at all. There are fine points to it for individuals, and I only scratched the surface but that should warm your low tax desiring heart. Apparently no corporate capital gains tax whatsoever. Here are a few links:
The 0% capital tax rate is what appealed to me initially about New Zealand and I'd still like to move there and quite possibly will move there in a few years after I cash out all my stock options and have enough money to buy a decent home and live off of interest income (kept offshore of course ;)

Expat
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