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Tax Law and Estate PlanningSpecialists in Pre-Migration StructuringJones Law specialise in pre-migration tax and estate planning. As a GLOBAL FOOTPRINTS partner, we assist new migrants in avoiding tax pitfalls, protecting assets, saving tax and generally ensuring an efficient transfer to New Zealand.
Did you know?A four-year tax exemption on foreign income will probably apply to youConsider whether your funds should be moved to New Zealand or left offshore to derive income tax-free. Foreign exchange gains may be taxable - even if unrealisedBe sure you understand the “financial arrangement rules” and how they apply to your foreign currency holdings and mortgages. In some cases foreign exchange movements are taxable annually, even if the foreign currency loan or deposit remains in place. Your pension schemes may be taxable, even before you receive anythingNew Zealand taxes foreign pensions under the complex foreign investment fund (FIF) rules. Talk to us to understand how these rules apply to you. A new partner may be entitled to half your property even if you’re not marriedNew Zealand has liberal relationship property laws which allow for equal sharing of property once you’ve been together for three years (or even sooner in special circumstances), whether or not you are married. Ensure you understand your rights and protect your property from potential claims from future partners. There are no death duties in New ZealandIf you’re coming to New Zealand indefinitely, talk to us about managing your exposure to foreign estate and death duties. You may be able to make gifts without gift duty applying in New ZealandGift duty won’t apply if you’re not domiciled in New Zealand and the gift is of property situated outside New Zealand. Talk to us before bringing your money onshore. There’s no “gazumping” in New ZealandWhen you sign a contract you’re stuck with it. Make sure you know your rights before you sign anything! Global Footprints
If you are not already a member of GLOBAL FOOTPRINTS join now. Once registered, each of our global footprint partners will make contact with you if requested, saving you time researching other migrant services. It's an easy process - quick and effective. You are under no obligation to use any of the services offered by any of the partners involved - it's your choice.
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