Just a quick Q if someone has a quick answer would appreciate.
If an Australian wanted to purchase IP in New Zealand, how would they go about accessing finance?
Also;
Has anyone purchased in NZ? Read something the other day which said lots of cashflow+ properties over there. Wanted to consider it, but it seems very distant!
You can apply to NZ banks for finance if you're an AU citizen.
NZ is Australia's head office. We Kiwi's consider Australia to be our main business subsidiary for economic purposes. A lot of us get transfers over here to train Australians. Part of NZ's foreign aid policy.
The market is a little heated there at the moment so CF+ is questionable. The idea that there are 'lots' there as you put is somewhat overstated to put it mildly. Same there as here. You could almost consider NZ a state of AU for investing purposes.
Just do your DD the same as here and you won't go wrong.
Three Kiwis and three Aussies are traveling by train to a conference.
At the station, the three Aussies each buy tickets and watch as the
three Kiwis buy only a single ticket.
"How are three people going to travel on only one ticket?" asks an
Aussie.
"Watch and you'll see," answers a Kiwi.
They all board the train. The Aussies take their respective seats but
all three Kiwis cram into a bathroom and close the door behind them.
Shortly after the train has departed, the conductor comes around
collecting tickets. He knocks on the bathroom door and says,"Ticket,
please." The door opens just a crack and a single arm emerges with a
ticket in hand. The conductor takes it and moves on.
.The Aussies see this and agree it was quite a clever idea. So after the
conference, the Aussies decide to copy the Kiwis on the return trip
and save some money (being clever with money,and all that). When they
get to the station, they buy a single ticket for the return trip
To their astonishment, the Kiwis don't buy a ticket at all. "How are
you going to travel without a ticket?" says one perplexed Aussie.
Watch and you'll see," answers a kiwi.
When they board the train the three Aussies cram into a bathroom and
the three Kiwis cram into another one nearby. The train departs. Shortly
afterward, one of the Kiwis leaves his bathroom and walks over to the
bathroom where the Aussies are hiding.
He knocks on the door and says, "Ticket, please."
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