NZ's 4-Year Tax Exemption for New Migrants β€” And Why You Still Need an Accountant

March 2025

If you’ve recently moved to New Zealand, you may qualify for a 4-year foreign income exemption. 🌍 You don’t have to declare overseas income β€” but only temporarily πŸ“… Timing matters β€” the exemption starts when you're first tax-resident πŸ“š An accountant can help track the cutoff and report foreign assets properly after that Planning ahead avoids unexpected tax bills later.