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New Zealand offers a stable, competitive and efficient economy, which, in the last few decades, has developed into a sophisticated and unrestricted business environment whilst consolidating its already strong agricultural economy.
Forbes magazine praises NZ as investment destination (pdf)
Research on Subdivision (pdf)
The New Zealand Advantage
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Stable, free-market economy based on free trade and capital flows. |
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Efficient communication and transport infrastructure. |
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Cost-effective location. |
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Tax policies – no ‘stamp duty’ or capital gains tax on foreign investments. No wealth tax or estate taxes. |
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Stable foreign exchange expected. |
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Growing population and rising incomes. |
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Government policies that actively support investment |
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Deregulated labour market |
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Competitive property prices |
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Estimated Resident Population: 4,165,600 (As at 31 Dec 2006) |
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Unemployment Rate: 3.9% (March 2006 quarter) |
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GDP: NZ$155.672 billion (YE March 2006) |
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GDP growth rate: 3.7% (YE March 2005), 2.2% (YE March 2006) |
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CPI: 0.6% (March 2006 quarter), 3.3% (YE March 2006) |
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Interest Rate: Official Cash Rate 7.50% as at (Mar 2007) |
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18 percent growth in inward foreign direct investment (FDI) stock in 2003-2004. |
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Maximum effective tax rate of 21.18% on non-resident foreign investors. |
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Ranked 3rd worldwide in overall economic freedom by the Fraser Institute’s Economic Freedom of the World Annual Report, 2004. |
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Ranked 2nd in the world in absence of protectionism and 3rd in absence of corruption. (World Competitiveness Yearbook, 2005). |
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Ranked 7th in the world in flexibility of employment. (World Bank ‘Doing Business in 2005’ Survey). |
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Ranked 2nd in the world in ease of doing business. (World Bank ‘Doing Business in 2006’). |
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Ranked 1st in the world for registering property. (World Bank ‘Doing Business in 2006’ Survey). |
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ABOUT NEW ZEALAND AT A GLANCE
People
New Zealand has a multi-cultural population of just over 4 million people. The majority of New Zealanders are of British descent, with the largest minority being the New Zealand Maori. Other significant minorities include Pacific Island peoples and Asian. New Zealand is a member of the British Commonwealth.
Language
English is the common language spoken in New Zealand. Maori is also an official language with various other languages also spoken.
Currency
New Zealand's unit of currency is the New Zealand Dollar (NZ$).
Learn more about New Zealand by clicking here. |
FURTHER INFORMATION & USEFUL LINKS
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