New Zealand’s business-friendly environment is built on world-class cities that consistently rank as the best places to live, work and play.
Over the last 30 years, New Zealand economy has gone from being one of the most regulated in the OECD to one of the least regulated, most free-market-based economies. New Zealand’s financial system remains sound and broadly efficient as the banking system continues to hold sufficient buffers of capital and liquidity.
Nominal GDP over the four years to June 2021 is expected to be $1.5 billion higher with the growth forecast to expand at an average rate of 2.9% per year, supported by population growth, low-interest rates, increased government spending, a positive international outlook and high terms of trade.
New Zealand often holds leading positions in the “Ease of doing business index.” The lowest level of bureaucracy and corruption, with the maximum automation and simplification of various registration and reporting processes. To register a company you just need to fill out the online form which will take a few minutes.
Regulations for accounting, tax reporting and business are conveniently described in detail on official websites created to help entrepreneurs to properly organize their business. Some agencies, such as Inland Revenue Department, go even further and create informative videos to help you understand the rules.
New Zealanders enjoy a great work-life balance and the country was rated 2nd in the world in HSBC’s 2018 Expat Explorer survey. There are great career opportunities and plenty of time for recreation and sightseeing. Outdoor entertainment is abundant, including sports, extreme activities as well as some of the most beautiful walks in the world.
New Zealand has a lively arts and culture scene, with plenty of opportunities to take in musical events, theatre, film and comedy. Kiwis enjoy access to some of the world’s best food and wine and are famous for the good old fashioned kiwi hospitality.