NZ's 4-Year Tax Exemption for New Migrants β And Why You Still Need an Accountant
March 2025
If youβve recently moved to New Zealand, you may qualify for a 4-year foreign income exemption.
π You donβt have to declare overseas income β but only temporarily
π Timing matters β the exemption starts when you're first tax-resident
π An accountant can help track the cutoff and report foreign assets properly after that
Planning ahead avoids unexpected tax bills later.