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Affordability
– the median sell price in the country is about $290,000 (c.£115,000). In the biggest city, Auckland, it’s about $379,000 (c.£150,000) |
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Capital growth
– New Zealand has experienced strong capital growth and
economic conditions are positive. The country’s population
is increasing and there are more people than ever before looking
to rent. |
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Rental yields
– New Zealand typically has higher rental yields than
the UK. |
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Simple process
– purchasing a property in NZ is less complex than the
UK, more secure and faster. |
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No Stamp duty –
New Zealand does not charge any stamp duty or equivalent on
property purchases |
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No Capital Gains tax
– in most circumstances there isn’t any capital
gains tax to pay. |
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Political stability
– by world standard’s New Zealand’s political
system is stable, free from corruption and unbureaucratic. The
Government actively encourages foreign investment. |
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Lifestyle –
New Zealand’s outdoor lifestyle with its diverse landscape
makes it a highly desirable country, not just this month’s
hotspot. |
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English –
you’ll have a better understanding of what is actually
happening, which may not be the case if you are buying in Spain,
France or Italy. |
If you would like to find out more about the advantages of investing in New Zealand property please contact us at enquiries@nzpropertyfinders.com or +44 (0)20 8755 5853.
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