INVESTING IN NEW ZEALAND AND OUR ROCK STAR ECONOMY
While the rest of the world has struggled with the global financial crisis, New Zealand has been going from strength to strength.
It has been called a "Rock Star Economy" in recent years. Led by the substantial growth and strong overseas interest in the primary sector together with a positive immigration flow and the massive rebuild of Christchurch, property values have been steadily increasing.
Recreational ranches, the conversion of sheep and beef ranches to dairy farms and the acquisition of residential investment and holiday homes are popular with both overseas and New Zealand investors.
There are also plenty of joint venture opportunities including the purchase of smaller shareholdings in well-established recreational ranches starting at US$300,000.
For the cash investor, NZ banks have been paying interest on bank deposits at more than twice the rates paid in the USA.
The strength of the US$ against the NZ$ at this time provides a further reason for investing in NZ. Click here to read a recent article on why investing offshore helps protect your assets. |