New Zealand: Proposal for immigrants to settle outside Auckland

NZ: Proposal for immigrants to settle outside Auckland

New Zealand’s government is proposing to make it more attractive for new immigrants to settle in towns and cities outside Auckland by:

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  • Increasing the number of points new migrants will receive for seeking employment or setting up a business outside Auckland
  • Streamlining the “labour market” test for employers to provide greater certainty
  • Providing a pathway to residence for a limited number of work visa holders in the South Island, from mid-2016

These proposals as well as the announcements in the budget to introduce new test for taxing residential property investments and to require IRD numbers and New Zealand bank accounts for property transactions are intended, in part, to reduce the pressure on the Auckland property market.

Read a July 2015 report [PDF 243 KB] prepared by the KPMG member firm in New Zealand: Growth beyond Auckland

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