🇳🇿 New Zealand
A thriving island nation known for its natural beauty, high quality of life, and a welcoming environment for entrepreneurs and families.
New Zealand Citizenship and Naturalization
Grade:
AGlobal Rank: 33
Visa-free Access
156 out of 195 countries
Access to Major Destinations
- European Union
- United Kingdom
- Canada
- United States
- China
- Russia
- Japan
| Category | Details |
|---|---|
Citizenship by Descent |
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Naturalizations |
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Spouse Naturalization |
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Birthright Citizenship |
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Economic Citizenship (Investment) |
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Other Provisions |
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Citizenship by Exception |
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Taxation Overview
Personal Tax Overview: New Zealand 🇳🇿
Key information about personal taxation in New Zealand
Tax Residency
Normal rule: 183 days
Special rule: No information
Special Tax Regime
Transitional tax regime
Dividend Tax
33%
Dividend tax in New Zealand is set at 33% for resident individuals, meaning that any dividends received by residents are taxed at this rate. For non-residents, the dividend tax rate is 15%, which is generally withheld at source. This tax applies to most dividend income received from companies, although certain exemptions or reductions may apply under double tax treaties or specific circumstances.
Capital Gains Tax
0%
New Zealand does not have a general capital gains tax, but gains from the sale of property (under the bright-line test), assets acquired with resale intent, frequent stock trading, or cryptocurrency transactions may be subject to income tax.
Property Rental Income
33%
Property rental income in New Zealand is typically taxed at your marginal income tax rate, with the standard rate being 33% for most property investors whose total income falls in the NZD 78,101 - NZD 180,000 bracket.
Property Tax
No
New Zealand does not have a direct property tax, but property owners are subject to income tax on rental income. Residential rental losses cannot be offset against other income due to the "ring-fencing" rules. Additionally, the "bright-line" test taxes capital gains on properties sold within a certain period, up to 10 years, depending on the purchase date.
Inheritance Tax
No
Wealth Tax
No
VAT
15%
The Goods and Services Tax (GST) in New Zealand is a value-added tax (VAT) set at a standard rate of 15%. It applies to most goods, services, and imports, with businesses collecting it on behalf of the government. GST is generally included in the price of products and services. Businesses must register for GST if their annual turnover exceeds NZD 60,000. Some goods and services, like exports and certain financial services, may be exempt from GST.
CFC Laws
Yes
New Zealand has Controlled Foreign Company (CFC) rules for individuals, targeting those who control 10% or more of a foreign company. These rules can tax the foreign company's income in New Zealand, though exemptions like the active business test may apply if the company’s passive income is below 5%.
