New Zealand, looking ahead not back
This is not the first time we have covered New Zealand on the forum as it is fast becoming one of the more popular expat destinations as it emerges from the shadows of local rivals such as Australia. However, while many people have looked at New Zealand as a potential destination to start a new life, very few will be away of how strong the New Zealand economy is at the moment and the prospects for the country as a whole.
While there are many issues to consider when looking at New Zealand, the economy is by far and away the most important because ultimately if there is no employment for those moving to New Zealand they will have nothing to live on.
The New Zealand economy
In line with the vast majority of countries around the world, the New Zealand economy began to fall back in 2007 as the ongoing issue of the credit crunch began to hit home with more and more people suffering financial ruin. The sudden drop-off in economic activity in New Zealand led to what was the worst recession seen in the country in 30 years and it has to be said that many people were concerned about the short to medium term plight of New Zealand itself. However, these very people will be surprised to learn that the economy is now fighting fit and looking to the future!
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