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flag New Zealand adjusts tax rules to attract foreign investment and skilled tech workers.

flag New Zealand's government plans to alter tax rules to attract foreign investment and skilled migrants, especially in tech sectors. flag The Foreign Investment Fund (FIF) rules, currently seen as a deterrent, will be recalibrated using a 'revenue account method' for taxing FIF income. flag This change applies to migrants becoming tax residents from April 1, 2024, and aims to make New Zealand more appealing for global investors and returning citizens.

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