When is a Tax Haven, not a “Tax Haven”?
When its New Zealand!
New Zealand offers a unique combination of an “offshore” tax regime for trusts combined with a respected international “onshore” profile.
New Zealand is a member of the Organization for Economic Cooperation and Development (OECD) and the World Trade Organisation (WTO).
New Zealand is not on any black list compiled by the OECD or Financial Action Task Force on Money Laundering (FATF), and is not black listed by tax authorities.
This unique combination enables Grayson Law, from New Zealand to offer opportunities for advisors and clients who in the past may not have been able to use traditional offshore centres – or at least have been reluctant to. New Zealand has no capital gains, inheritance or capital transfer taxes. A network of double tax agreements are in place with the major trading nations.
New Zealand delivers many of the same features as the Cayman Islands, Guernsey and Jersey, which can be attractive to private clients and their advisors.
New Zealand has a well developed and internationally recognised and respected legal system based on English common law and equitable principles, modern trust legislation, political and financial stability, highly developed banking systems, telecommunications and travel links. Contact us to find how a New Zealand Foriegn Trust can be part of your quality solution.