New Zealand

Your Money

The need for money is universal in this world and it is no less so in New Zealand. All of the ways to access your funds that have been mentioned with respect to Australia and Canada are perfectly valid for this country also.

The links under the "Resources" tab of this site and information in the book "How to Retire in New Zealand" by Les Johns, available from this site, will be of value.

Pensions

There is a peculiarity with regard to pension rights in New Zealand and Australia for those who have Special Category Visas (SCV). The page of the site put up by the Australian Immigration Department refers to the fact that social security arrangements between these countries enables such people (SCV holders) to claim part pensions from both sources.

Other than this all that has been said about pensions, in the sections relating to Australia and Canada, is pertinent also to New Zealand.

The Links under the "Resources" tab of this site and the book "How to Retire in New Zealand" by Les Johns, which can be purchased directly from this site, will save intending retirees much research time.

Other Income

Again all of the information regarding other sources of income, access to all income and the movement of funds with respect to Australia and Canada is also relevant for New Zealand.

It may be mentioned at this point that Australia, Canada and New Zealand have very liberal or, effectively, no exchange control regulations. There is a "control" set by Australia that where a passenger wishes to take out or bring in an amount exceeding $10,000 in cash a report must be submitted to the Australian Customs Service. This does not represent a restriction of any kind. All of these countries enforce sanctions of a financial nature as part of their anti-terrorist laws. These rules are directed against known terrorist organisations and countries which support terrorism. They also have regulations governing the movement of funds to control the laundering of money connected to crimes involving drug trafficking. Normal innocent travellers have nothing to fear from these controls and nor do retiree migrants moving with no ulterior motive in mind.

Again the links at the "Resources" tab on this site and the book "How to Retire in New Zealand" by Les Johns are invaluable sources of immediately accessible information on these matters. The book can be purchased directly from this site