New Zealand is a country of Oceania member of the Commonwealth. Located in the southwest of the Pacific Ocean and formed by two great islands: the North Island and South Island, along with many other smaller islands, standing out among them Stewart Island and the Chatham Islands. The Kingdom of New Zealand also includes the self-governing autonomous states of Cook Islands and Niue, and Tokelau. It has a population of over 4.5 million inhabitants. The capital is Wellington, but its most populated city is Auckland, both located on the North Island. Its official languages are English, Māori and the sign language of New Zealand. Its official currency is the New Zealand Dollar (NZD), being one of the ten largest global transaction currencies.
Its cities are among the best quality of life in the world. New Zealand is a developed country ranking high in international ranks such as absence of corruption, educational attainment and economic freedom, human development index, democracy indexes, freedom and respect for civil rights.
Its economy is very dependent on international trade, particularly for agricultural products. Its main export products come from agriculture, horticulture, fishing and forests, which are: dairy products, meat, wool, fruit, fish and wine. Its most important manufacturing industries include aluminum production, food processing, metal fabrication, wood and paper products. However, the services sector is the most important sector, with tourism playing a major role in its economy.
The jurisdiction has an attractive regulation for the establishment of asset protection trusts. The New Zealand Foreign Trust regime provides protection against asset claims, confidentiality and tax exemption for trusts established in its territory by non-residents.
In recent years, the country has made efforts to attract qualified professionals from Europe, US and other less developed countries, offering residency and citizenship by entrepreneurship or through an investment.
At Flag Theory, we help you find strategic locations globally to allocate part of your life, personal finances or business, to build wealth, and increase your privacy and freedom. Below you can find articles on why and how to get residency and citizenship in New Zealand, set up a company and its investment and banking options.
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