Best interest rate on NZD deposited outside NZ?
May 14th 2006, 7:23 am
#1
Forum Regular
Thread Starter
Joined: Jan 2006
Posts: 61
Best interest rate on NZD deposited outside NZ?
Due to new migrant tax laws it seems that if you arrive after April 06 it may be better to keep NZD outside of NZ for up to 4 years as you would not have to pay any tax on the interest.
With this in mind does anyone know where one can get the best rate of interest on NZD keeping the NZD outside of NZ??
Maybe in UK or a decent offshore regime?
Or maybe an overseas branch of a NZ bank?
With this in mind does anyone know where one can get the best rate of interest on NZD keeping the NZD outside of NZ??
Maybe in UK or a decent offshore regime?
Or maybe an overseas branch of a NZ bank?
May 19th 2006, 11:39 am
#2
journey from here to here
Joined: Sep 2005
Location: Auckland
Posts: 71
Re: Best interest rate on NZD deposited outside NZ?
Originally Posted by Adventurer
Due to new migrant tax laws it seems that if you arrive after April 06 it may be better to keep NZD outside of NZ for up to 4 years as you would not have to pay any tax on the interest.
With this in mind does anyone know where one can get the best rate of interest on NZD keeping the NZD outside of NZ??
Maybe in UK or a decent offshore regime?
Or maybe an overseas branch of a NZ bank?
With this in mind does anyone know where one can get the best rate of interest on NZD keeping the NZD outside of NZ??
Maybe in UK or a decent offshore regime?
Or maybe an overseas branch of a NZ bank?
Australia-HSBC
