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Forum: New Zealand
Jun 9th 2017, 11:28 pm
Replies: 7
Views: 1,052
Posted By Kotare

Re: Bringing money to NZ

There is no NZ gift tax and to my knowledge no tax of any kind on other monetary (cash) transfers. In theory they could ask you why you haven't declared any income deriving from the cash sum (if...
Forum: New Zealand
Jun 9th 2017, 7:05 pm
Replies: 7
Views: 1,052
Posted By Kotare

Re: Bringing money to NZ

You will have to pay tax on any income from it (after 4 years) ie interest. The capital is unaffected.
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