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Moving to New Zealand

This information may affect you if you are thinking about moving to New Zealand and staying here for the long term. You will need to apply for an IRD number. You may also be eligible to take out a student loan or receive Working for Families Tax Credits (formerly known as family assistance).

Temporary tax exemption on foreign income for new migrants and returning New Zealanders

From 1 April 2006, people becoming tax residents in New Zealand may qualify for a temporary tax exemption on some of their foreign income. This temporary tax exemption is available to those who qualify as a tax resident in New Zealand on or after 1 April 2006 and are new migrants or returning New Zealanders (transitional residents) who have not been resident for tax purposes in New Zealand for at least 10 years prior to their arrival in New Zealand.

 

 


Date published: 24 Nov 2004

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