10 Great Places Around The Globe To Own Property
2) New Zealand
Every year New Zealand welcomes almost 2.5 million international tourists who spend close to $6 billion during their stay, which is not bad for a paradise many also consider one of the best places in the world to live. For an investor in tourism, one of the biggest appeals is the year-round vacation destination not seen by other nearby economies such as Australia and Tasmania who are often subject to single-season tourism. New Zealand is a wonderland for skiers and snowboarders in winter, and river sports, beach goers and wine tasters in the warmer months. New Zealand offers an array of tax breaks such as no stamp duty, wealth or death tax, no estate tax and no capital gains tax – you might be better off simply moving to New Zealand and becoming a permanent resident! Note: If you invest less than NZL$10,000,000, foreign investors don’t need approval from the Overseas Investment Office. Whether you are looking for rental property, vineyards, tourism or commercial property, New Zealand has a wealth of investment opportunity available.