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NZ suits retirees and offshore workers

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Old 9th February 2009, 11:00 PM
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Shouganai is on a distinguished road

Default NZ suits retirees and offshore workers

If you are looking for a place to live overseas then NZ (and to a lesser extent Australia) is the place to live from an investment point of view. The NZD has absolutely collapsed, so if there is money/savings to be moved then NZ is the place to move. The NZD is just over 50c to the USD, and that's down from 80c.
Better still houses are still really cheap in parts. For instance we paid just $NZ78,000 (just $US40,000) for a lovely house in Wanganui with 760m2, 2br house, lovely Victorian house too with large rooms and high ceilings, timber panel roof. The people are very friendly.

Here are some websites to help you make the move:
ANZ Personal homepage - to set up a bank account
www.finance.yahoo.com.nz - to check out the exchange rate
Cars for Sale, Used Cars for Sale, Sell My Car, Buy a Car, Buying a Car cars for sale, sell your car, buy a car, cars for sale, selling a car, buying a car, finance, vehicle finance, boat finance, car news, Alfa Romeo, Audi, BMW, Chrysler, Citroen, D - to buy a car
EDITED BY MOD: Personal blog removed - since it's a completely unknown resource.
TradeMe ? New Zealand online auctions and classifieds. Browse, buy and sell online on trademe.co.nz - to buy anything else

Most Western property markets are overpriced, as parts of NZ are, but aside from the exchange rate advantage, there are still alot of cheap properties in NZ, and some of them are close to major towns like Wanganui and Dunedin. They are two of my favourites, but also Kaikoura and Timaru.

On the negative side, you need to find out if NZ requires your specific job skills. Even then NZ incomes are very low. The best candidates for NZ are offshore income earners like programmers, writers, retirees with a house in Britain, the USA or elsewhere, so they can live on those earnings and spend in NZ pesos.

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Last edited by kaz101; 14th February 2009 at 08:03 PM.
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