From: AIB-IB Discussion List: ibdghost@aib-world.org
From: "Tim White" <Oscar1@xtra.co.nz.
Subject:Investing in New Zealand
Subject: Investing in New Zealand
Hi all,I hope this entry on investing in New Zealand will be useful to many of you and that I can identify a need for subsequent monthly updates. Updates will probably take the form of economic analysis and the identification of specific investment opportunities.
The turn of the millennium is particularly significant for New Zealand in that we are hosting the 1999 APEC (Asia Pacific Economic Cooperation) meeting in Auckland in September, we will be the first nation to see in the year 2000, and we are also hosting the Americas Cup yacht race as defenders.
New Zealand generally encourages foreign investment although does not offer subsidies or tax incentives as encouragement. Before acquiring land or making an investment of NZ$10 million or more in a company, foreign investors must satisfy criteria set by the Overseas Investment Commission.
For an up to date economic commentary please visit the Reserve Bank's web site at : http://www.rbnz.govt.nz
Useful Web Sites:
http://www.oic.govt.nz New Zealand Government's Overseas Investment Centre http://www.accessnz.co.nz A good general New Zealand web site http://www.rmmb.co.nz This site covers issues such as government policy on foreign investment, government consents required, criteria for consent, banking and finance, immigration, and common types of business structure. http://www.nzinvest.com The New Zealand Investment Centre site includes information on the stock market company sites, company news, taxation, general news, and a discussion list.
http://www.tradenz.govt.nz The New Zealand Trade Development Board (Tradenz) offers information on issues relating to international trade and investment. http://www.chamber.co.nz New Zealand Chambers of Commerce. http://www.ubd.co.nz Directory of New Zealand Businesses. http://www.ird.govt.nz The Inland Revenue Department is a very good site for information on tax issues. http://www.nzland.co.nz Property investment. http://www.rogerdickie.co.nz Invest in Exotic Forestry http://www.icc.co.nz A range of investment opportunites in all industries and all geographic of New Zealand Have a look at the website of the 1999 APEC meeting at : http://www.apec.govt.nz
I look forward to receiving any comments or queries.
Sincerely Tim White
Hallam Group
Oscar1@xtra.co.nz
Telephone: +64 9 524 4584
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