Property Investment Tips » Commercial http://propertyinvestmenttips.net Property Investment Made Simple Mon, 25 Apr 2011 09:33:45 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 New Zealand Investment Property http://propertyinvestmenttips.net/new-zealand-investment-property/ http://propertyinvestmenttips.net/new-zealand-investment-property/#comments Thu, 08 Oct 2009 22:21:13 +0000 M A Williams http://investmentinproperty.net/?p=14 NZ_PropertyNew Zealand is a lovely place, it has a fresh green image, and despite it’s relatively remote location it still does very well on a global tourism market. However, what are the benefits of investing in New Zealand property, and if I am a foreigner, is it worth my time.

Positives

New Zealand does not have a capital gains tax, so when you sell your investment, you get to keep all of the profit.

New Zealand has a deprecation value of 4 percent per annum. This is a much higher rate when compared with Australia for example, which has a deprecation value of 2.5 percent. This means investors can claim a larger amount of a properties depreciation earlier on in the investment, which makes an investment more profitable earlier on.

Negatives

You will likely find it very hard to get finance from New Zealand banks as an international investor, so you will need to source money from else where.

As with any foreign investment property,…

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