New Zealand's FIF rules discourage expat Kiwis and high-contributing migrants from staying due to taxation of pre-arrival investments.
New Zealand Institute of Economic Research report reveals a "silent epidemic" of discouraging expat Kiwis and high-contributing migrants from staying in the country. Under current international tax rules, New Zealand taxes investments made before arrival, even in start-up phase. The Foreign Investment Fund (FIF) rules, out of step with OECD, hamper NZ's aspirations to attract global talent and investment.
July 24, 2024
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