Comments on: A new immigration category in New Zealand http://www.sovereignman.com/expat/a-new-immigration-category-in-new-zealand/ Wed, 08 Feb 2012 07:26:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Rick Harriss http://www.sovereignman.com/expat/a-new-immigration-category-in-new-zealand/comment-page-1/#comment-4979 Rick Harriss Sun, 04 Apr 2010 04:14:43 +0000 http://www.sovereignman.com/?p=1444#comment-4979 >>>to invest NZ$ 750,000 in the country, have an income of at least NZ$ 60,000, and have NZ$ 500,000 in assets. Could I just add that most retirees in New Zealand have assets around $160,000, the minimum wage and poverty level is $500 a week or $24,500 annually, a retiree gets 19,425.12 annually. About 25% income tax is paid on that income, and 12.5% in sales tax in everything bought (no exceptions), and a raft of other fees that are not called taxes at all. The "effective tax" is around 45% to 50% including all money the authorities collect. It is just not called "tax", but fees and charges. >>>to invest NZ$ 750,000 in the country, have an income of at least NZ$ 60,000, and have NZ$ 500,000 in assets.

Could I just add that most retirees in New Zealand have assets around $160,000, the minimum wage and poverty level is $500 a week or $24,500 annually, a retiree gets 19,425.12 annually. About 25% income tax is paid on that income, and 12.5% in sales tax in everything bought (no exceptions), and a raft of other fees that are not called taxes at all. The “effective tax” is around 45% to 50% including all money the authorities collect. It is just not called “tax”, but fees and charges.

]]> By: Rick Harriss http://www.sovereignman.com/expat/a-new-immigration-category-in-new-zealand/comment-page-1/#comment-4978 Rick Harriss Sun, 04 Apr 2010 04:01:48 +0000 http://www.sovereignman.com/?p=1444#comment-4978 First, immigration consultants in New Zealand are as a rule not lawyers. Lawyers and judges are a "closed society" in New Zealand, looking after themselves. Previously "immigration consultants" in New Zealand was a major base for scams and fraud. The stories are endless. A new licensing system aim to make it better. When it comes to New Zealand immigration, note that the "rules" are very, very "fluffy", not exact. They are subject to the widest interpretation, case by case, one case is no guidance for the next. The new rules are really aiming to attract funds into the country they desperately need. Your money is always welcome, and you pay first, then ask, so you can be checked out. The door is in reality wide open four your money, for you it is a needle's eye that can blink instantly, even after you arrived and settled down in the country. One example. A New Zealander wanted to return home after an international career to retire at about 55 years of age. To keep himself busy he planned to drive bus, he used to have a license as a student, but the authorities required him to supply certificates of no traffic violations from all countries he resided in during his whole life. That was eight countries, including Korea, Japan and China, which do not issue such certificates, and he had not been driving anyway in most countries so there were no records. That is an example how New Zealand apply the "simple rules" in reality. First, immigration consultants in New Zealand are as a rule not lawyers. Lawyers and judges are a “closed society” in New Zealand, looking after themselves. Previously “immigration consultants” in New Zealand was a major base for scams and fraud. The stories are endless. A new licensing system aim to make it better. When it comes to New Zealand immigration, note that the “rules” are very, very “fluffy”, not exact. They are subject to the widest interpretation, case by case, one case is no guidance for the next. The new rules are really aiming to attract funds into the country they desperately need. Your money is always welcome, and you pay first, then ask, so you can be checked out. The door is in reality wide open four your money, for you it is a needle’s eye that can blink instantly, even after you arrived and settled down in the country. One example. A New Zealander wanted to return home after an international career to retire at about 55 years of age. To keep himself busy he planned to drive bus, he used to have a license as a student, but the authorities required him to supply certificates of no traffic violations from all countries he resided in during his whole life. That was eight countries, including Korea, Japan and China, which do not issue such certificates, and he had not been driving anyway in most countries so there were no records. That is an example how New Zealand apply the “simple rules” in reality.

]]> By: Elai http://www.sovereignman.com/expat/a-new-immigration-category-in-new-zealand/comment-page-1/#comment-4754 Elai Fri, 19 Mar 2010 01:17:19 +0000 http://www.sovereignman.com/?p=1444#comment-4754 How do you evaluate immigration lawyers in general? Or lawyers? Especially ones in developing countries that you have no experience in? Not lawyers for their networks, but lawyers for their legal competence and advice. How do you evaluate immigration lawyers in general? Or lawyers? Especially ones in developing countries that you have no experience in? Not lawyers for their networks, but lawyers for their legal competence and advice.

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