Hello everyone.
I'm new here and like it (first post). I get to know this site from reading some hubpage articles about investing in NZ, and for many reasons I want to invest in new zealand life-time and retire there.
Pardom me if I'm not experienced at all, but I've got few questions regarding foreign investment in NZ.
Can overseas buy a property under LAQC or Trust? If so, is it a better choice for them to go under either of those? I plan to buy a property "cash" and avoid any borrowing. Will it be a bad idea in any way to have it under own name?
All I know is LAQC is good for taxes and Trust for asset protection. But what about under own name?
Sorry if this was posted elsewhere, the website has many threads as I try to read when I can.
Any piece of information would be appreciated. Thanks
I'm new here and like it (first post). I get to know this site from reading some hubpage articles about investing in NZ, and for many reasons I want to invest in new zealand life-time and retire there.
Pardom me if I'm not experienced at all, but I've got few questions regarding foreign investment in NZ.
Can overseas buy a property under LAQC or Trust? If so, is it a better choice for them to go under either of those? I plan to buy a property "cash" and avoid any borrowing. Will it be a bad idea in any way to have it under own name?
All I know is LAQC is good for taxes and Trust for asset protection. But what about under own name?
Sorry if this was posted elsewhere, the website has many threads as I try to read when I can.
Any piece of information would be appreciated. Thanks
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