NZ investing

Viewing 7 posts - 1 through 7 (of 7 total)

jcls79
Member
@jcls79
Join Date: 2004
Post Count: 88
March 28, 2005 - 7:06 am
Hi all
Recently settled a property in QLD and realized that there are more bargains than in Oz (after reading this section of forum). I would very much like to make a start into the NZ market but has not set up the most efficient investing structure to get the ball rolling, it would be much appreciated if fellow forum contributors can recommend some reliable team of prfessionals in NZ:
* mortgage brokers
* accountants (I’ve decided to go with trust structure, purchasing property and taking out loan in trust name with a non-independent director of corporate trustee as guarantor)
* solicitors (in both South and North Island)
Cheers
john
Want to join financial independence before 31 years old, currently 25
muppet
Member
@muppet
Join Date: 2003
Post Count: 900
March 28, 2005 - 8:27 am
Hi jcls
Contact propertyguru. He is a mortgage broker and should be able to get you going. He owns property in NZ.
Regards
Richmastery
Member
@richmastery
Join Date: 2005
Post Count: 10
March 28, 2005 - 8:37 pm
Contact Tracey Hunter from Mortgage People at http://www.mortgagepeople.co.nz
Richmastery Customer Services
[email protected]
http://www.richmastery.com
Real People, Real Strategies, Real Results
Giving you the Power to Change
jcls79
Member
@jcls79
Join Date: 2004
Post Count: 88
March 28, 2005 - 11:38 pm
thanks everybody for your replies,
I was wondering can somebody recommend whether it is a good idea to purchase IPs in NZ using a hybrid trust (incoporated in Oz) or is it better to keep Oz investments completely separately from NZ?
Also, can somebody recommend a reliable accountants that will assist in getting the correct structure for investing in IPs in NZ? I have got a quote for NZ$2K + GST for setting up such a structure, is it the normal price?
Cheers
john
Want to join financial independence before 31 years old, currently 25
Richmastery
Member
@richmastery
Join Date: 2005
Post Count: 10
March 29, 2005 - 7:54 am
NZ Accountant – use Matthew Gilligan from Gilligan Roew and Associates, http://www.gra.co.nz
Your Structure needs to be personalised to you, get Matthews advice and go from there
Richmastery Customer Services
[email protected]
http://www.richmastery.com
Real People, Real Strategies, Real Results
Giving you the Power to Change
CastleDreamer
Participant
@castledreamer
Join Date: 2003
Post Count: 288
April 2, 2005 - 12:48 pm
Masteraccountants is a member of this forum… NZ Accountant based in Auckland.
does some work for several forum members.
Cheers
CD
CastleDreamer
NZ Investor and Property Spotter
Express
Member
@express
Join Date: 2003
Post Count: 4
April 3, 2005 - 10:18 am
I have found Linda McMillian of Ray White Finanical Services in Albany does a good job