Inbound migration - tax and accounting services
Why engage with a BDO advisor before coming to New Zealand?
New Zealand’s tax rules have various concessions for non-residents that allow us to structure a non-resident’s move to New Zealand to maximise the tax benefits available and minimise tax paid while transitioning to New Zealand tax residency. As non-residents transfer their wealth to New Zealand, advanced planning in relation to legal structures for ownership of assets will also ensure that tax efficiencies are maximised. Our advisors are experts in New Zealand Income Tax and how it applies to migrants and can help avoid costly mistakes before they happen.
What services are available?
We can help with pre-migration and post-migration services including advice on tax residency, structuring and tax efficiency.
Who would benefit?
Anyone migrating to New Zealand who wants to understand and meet their New Zealand tax obligations, but in particular we can greatly assist:
- Migrants (new to New Zealand or returning New Zealand citizens or residents) prior to gaining their New Zealand tax residency
- Migrants or returning New Zealand residents who will continue to have offshore assets or businesses
- Employers who are providing relocation packages to their migrant employees
When should the advice be sought?
Ideally, tax planning should be completed, or at least started, prior to coming to New Zealand. This will allow us to maximise the benefit of the concessional rules and minimise the tax cost from arrival.
If a migrant has already arrived in New Zealand we can help by providing advice and accounting support on the tax implications of various investments under consideration.
Get in touch for a consultation
Reach out to Shaneen Tie (Tax Associate) today for a complimentary no obligation consultation. We can arrange online consultations to suit various time zones.
