🇳🇿 Retire in New Zealand
Tax rates, cost of living, special programs, and top cities for international investors and retirees.
Tax system
worldwide
Cheapest city
Christchurch ~$1,945/mo
Tax System Overview
New Zealand has NO capital gains tax — one of few developed countries. Dividends and interest taxed at marginal rates (up to 39%). FIF rules tax foreign shares on a deemed 5% return. No wealth tax.
- ✓No wealth tax
What Would You Pay?
Estimated annual tax on different levels of investment income (capital gains + dividends + interest):
| Annual Investment Income | Estimated Tax | Effective Rate |
|---|---|---|
| $50,000 | $6,600 | 13.2% |
| $100,000 | $13,200 | 13.2% |
| $200,000 | $26,400 | 13.2% |
Assumes 60% capital gains, 25% dividends, 15% interest. Actual tax depends on your specific income mix.
Sources — New Zealand tax data
Last verified 2026-04-12
- Grounded: greenbacktaxservices.comaccessed 2026-04-12
- Grounded: kpmg.comaccessed 2026-04-12
Top Cities in New Zealand
Tax Calculator
Compare your tax bill across specific cities in New Zealand.
Move & Save Simulator
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Tax rates and programs are subject to change. Information is current as of 2026. Always consult a qualified tax professional before making relocation decisions.