New Zealand Visas

 

For those people planning a move to New Zealand, Mary Noonan from Heartland Immigration have written this guide to outline 6 key points to be aware and plan for.

The guide discusses the general process of obtaining a New Zealand work visa and essential skills required for a work visa.

Anyone wanting to make Auckland their new home should aim to do the following:

  1. Plan and consider your position as everyone has different circumstances and there are a multiple options so matching the right one for you and your family is critical.
  2. Work with trusted professionals – mistakes cost money, destroy opportunities and create stress.
  3. Grasp the opportunity – life is for living when you come to Expatland.

Expatland is a country, life is a journey and that is how you should view the process to obtain a visa to work, undertake business or reside in New Zealand.

This guide will be helpful tool for anyone moving to Auckland.

Download the publication here.

Do You Need OIO Consent to Buy a Home? – Changes to the Overseas Investment Act 2015

 

The Overseas Investment Amendment Bill (Bill) was passed by Parliament on 15 August 2018 and will come into force in late October 2018.

This note summaries the key changes the Bill makes to the Overseas Investment Act 2005 (Act).

The overseas investment regime established by the Act regulates investments by “overseas persons” in New Zealand significant business assets, certain types of sensitive land (including farm land), and fishing quota.

The regime is a consenting regime, rather than a prohibition.

The regime governs who needs to obtain consent, when consent is required, and the process for obtaining consent.

To continue reading – download the document here.

Property Services – What You Need to Know When Buying a Property in Sydney

 

Sydney is considered globally as one of the most prime locations to buy property. It very much is about three key factors – location, location, location.

Which is to say Sydney has;

  • a globally stable and transparent political system
  • the centre of Australia’s commerce (the employment capital of Australia), and
  • the highest population of any Australian city with approx. 6 million people and has constrained geographical supply.

Sydney has been under the spotlight from overseas buyers in recent years for these three factors and spearheaded by key social fundamentals:

  • Strong education facilities
  • Safe place for children to grow up, and
  • A stunningly beautiful lifestyle.

Michael Radovnikovic from Radley Property’s guide to Sydney Property Services will equip you with the right information to ensure  your next purchase in Sydney is a successful one. Michael believes that, on a global scale, Sydney remains undervalued and with strong population growth forecast between 2018 and 2036, a strategy for securing property has never been more important.

This guide is essential help for anyone who wants to secure the right property for the right price.

Download the publication here.

Moving Your Pension from the UK to New Zealand

 

One of the common issues facing migrants to New Zealand from the United Kingdom (UK) is how to transfer their pensions.

Tom Gilbert from Pension Transfers Ltd have written a chapter to provide information and talk though the considerations required when making the move.

In this guide Tom highlights the following issues:

  • Major benefits of transferring to a NZ QROP
  • Tax implications on transfers
  • FX considerations
  • Using a financial planner

This guide will help provide you with essential information you need if you are looking to take your pension with you on your move to Auckland.

Download the publication here.

General Insurance – Having the Right Cover

 

Taking out the right insurance will help you protect your family and your business. And there isn’t a more crucial time to protect your family than moving to a new city in Expatland. But what insurance do you need?

Michael McMahon from Gibson Insurance Brokers has written a guide to help you understand what insurance is needed to ensure you have the right level of protection.

In this guide Michael touches on the following types of insurances:

  • General Insurance
  • Personal
  • Business Insurance
  • Vehicle Insurance

This is essential reading to help you evaluate your insurance needs when moving to Sydney.

Download the publication here.

Sable International joins Expatland’s London E-Team

Sable International, a finance and immigration expert based in the UK, Australia and South Africa, has joined Expatland’s London E-Team. The Expatland Global Network is assembling ‘E-Teams’ in major expat destinations, bringing together vetted professionals who offer essential services to expats.

Through one point of contact, would-be expats can access expert advice and local insight on all aspects of moving to, and set up life in, that specific location.

John Marcarian, founder of the Expatland Global Network, says,

“We’re very excited to welcome Sable International to the London E-Team. Their foreign exchange capabilities will be hugely valuable to expats moving to London, and they have a track record of success with both businesses and private clients.”  For 25 years, Sable International has been advising clients on many aspects of their expat journey.

Craig Lesser, Business Development Consultant, Sable International, comments: “The concept of E-Teams makes complete sense to us and we are eager to get involved. We couldn’t miss this opportunity to be part of a power team of like-minded organisations, with complementary expat services, who can help each other to expand business leads.”

‘Expatland’ origins

Expatland began as a best-selling book by John Marcarian, written in 2015.  Advice within the book is based of John’s experience of travelling extensively between international offices of his business CST Tax Advisors, enjoying multiple expat experiences, and working with vast numbers of expat clients.

With a deep understanding of both the challenges and rewards of expat life, John wrote the book as an ‘expat survival guide’, packed with advice, statistics and a step-by-step plan for smooth expat integration.

E-Teams around the globe

Expanding on ideas in his book, John launched the Expatland Global Network in 2018, with the aim of supporting people all over the world who are embarking on an expat journey, joining a vast, dynamic community.

In addition to offering one-to-one advice, members of each E-Team also lend their specialist knowledge to writing chapters of a city-specific editions of the Expatland book, which are free-to-download and packed with locally-focused advice, tips and case studies.

Expatland is quickly spreading across the world with E-Teams in Sydney, Melbourne, LA, Auckland and Singapore in addition to London, with more cities to follow.

Businesses interested in joining an E-Team in a city near them should get in touch with Expatland: http://www.expatland.com/contact/

Singapore Personal Tax

 

Located at the tip of the Malay Peninsula, Singapore has a population of 5.7M and is recognised as one of the best places in the world for expatriate life. So, what are the important things you need to know about your personal taxes when making the move to Singapore? Common questions include:

  1. What type of tax system does Singapore have?
  2. How does the residency system work?
  3. What is the tax rate in Singapore?
  4. What are the ways for me to save tax?
  5. If I were to leave Singapore, what are the exit tax implications?

Salvi Yamin, Tax Manager from CST Tax Advisors have written a guide which will take you through the Singapore tax systems to provide you with an understanding on how Singapore tax systems work and enable you to plan for your tax whilst living in Singapore.

This is essential reading for any expat wanting to work in Singapore.

Download the publication here.

Personal Taxation – Sydney

Moving to Sydney is an exciting prospect for many people who are attracted to stunning beaches, our laid back but enthusiastic approach to life, the tolerance and freedom of our society and the opportunities in our economy.

There is little doubt that Australia is regarded as a high taxing country.  However, for those who are able to qualify as ‘temporary residents’ Australia has some excellent tax concessions which we explain in this Personal Taxation Guide, written by Matthew Marcarian from CST Tax Advisors.

In this publication Matthew also cover the basics of Australian capital gains tax rules as they generally apply to individuals moving to Australia. In addition it covers topics such as:

  • Taxation of Worldwide Income
  • Tax Residency
  • Trusts
  • Land Tax

This publication provides a non-technical plain language guide to the questions that are commonly asked by Expats wanting to live, work and invest in Australia.

Download the publication here.

Expatland Legal – Sydney

 

When moving to Sydney, there are many things you need to consider from a legal perspective.

Australia’s legal system, also known as a ‘Common law system’ is based on the model which was inherited by those countries whose development was influenced by British Colonialism, in particular the Commonwealth countries.

This will be quite a change for those of you from Civil law jurisdictions who are moving into Australia.

This publication, written by Nicole Leggat from NL Legal aims to outline some of the major things to think about ahead of your move to Expatland.

In this publication Nicole highlights issues regarding:

  • Purchasing property in Australia as a foreign resident
  • Employment Law and Disputes with your employer
  • Powers of Attorney
  • Family Law and Estate Planning

This guide is essential reading for anyone planning to move to Sydney.

Download the publication here.

How to Take Advantage of a Changing Market

 

Sydney’s residential property market has been booming year on year for the last few years but as we have all known, these rates will not happen again. In the first half of 2018, we have seen a growing percentage of properties sold prior to auction.

With clearance rates at an all-time low, 50-60% for Sydney and Melbourne, there’s no better time to be a buyer.

We can always be sure that some people just have to sell, so be persistent and secure the property early if you can.

  1. Know your market

Data. Data. Data. With so much readily available information about Australian real estate, there’s no excuse not to know the fundamentals of your market area. No matter where you are living, you can access clearance rates, recent transactions, planning changes and builder/developer track records. A good place to start is an email subscription to CoreLogic, Domain, realestate.com.au, Property Observer and The Urban Developer.

  1. Don’t Settle

With lenders tightening their belts with local investors and more sellers concerned that they have missed the opportunity at the peak of the market, there has never been a better time to take your time to find the right property that meets your needs. Whether it is an investment or a home to repatriate back to, be sure to do your due diligence properly. In a cooling market, there’s more to choose from so don’t just jump at the first property that you see.

  1. Negotiate ‘Off Market’

Buyers are often confused by the term ‘off market’. The first preference is to always negotiate and secure a property before it is listed and many properties are bought on this basis. The other option is to take a listed property ‘off-market’ prior to auction. This not only reduces the stress of the auction experience but also ensures exclusivity over the property. With sellers extremely nervous about falling clearance rates, agents are now encouraging vendors to consider ‘off-market’ negotiations due to the lack of confidence in the market and reassessing their expectations for record-breaking sale prices.

Written by: Michael Radovnikovic – Radley Property