Population3.86 million persons
Land Area268,670 sq km
Currency & exchange rate1 New Zealand dollar (NZ$) = 100 cents

1 (NZ$) =  £0.3414

GDP-PPPMethod63,559.0 millions of US dollars
GDP Growth1.32%
GDP Per Head16,448.0 Thousands of US Dollars Per Person
FinancialInterest RateInflation Rate
National BankReserve Bank of New Zealand
PoliticalNew Zealand is an independent parliamentary democracy and member of the Commonwealth. Government is based on the UK parliament. The conservative National Party and left-leaning Labour Party have dominated New Zealand political life.

The last elections were held in July 2002. A minority coalition Government was formed between two parties of the centre-left, Labour (52 seats) and the Progressive Party (2 seats). United Future Party (8 seats) and the Green Party (9 seats) have agreed to work with the government. The centre-right National Party (27 seats), which was in Government from 1990-1999, leads the Opposition

The head of state is Queen Elizabeth II and the current Prime Minister is Helen Clark who has been in the position since December 1999.

Social SecurityYes
LanguagesEnglish (official), Maori
CustomariesSame as western cultures.
Ethnic Make-up
New Zealand European75.0%
Asian and others7.0%
Pacific Islander4.0%
Other European4.0%
TaxIncome TaxCapital Gains Tax
Married persons are taxed separately, not jointly, on all types of income.

Taxable incomeTax on lower amountRate on excess
Exceeding (NZ$)Not exceeding (NZ$)(NZ$)%

New Zealand has no general capital gains tax, although profits from sale of real property may be subject to regular income tax as underlined.

 DescriptionNew Zealand is primarily thought of as an agricultural country, but has transformed to an industrialised nation by the economic restructuring that took place after 1984. Saying this, although the sector employs less than 10 per cent of the workforce and contributes just 8 per cent of GDP, agriculture accounts for 40 per cent of the country’s export income primarily from wool, meat and dairy, and woods products. Barley, wheat, maize and fruit are the main crops. It’s major trading partners are Australia, USA, Japan, China, Germany and the UK.

New Zealand underwent one of the most radical economic transformations of any Western industrialised country, with wholesale privatisation, the abolition of subsidies, tariff barriers and corporate regulations, and the dismantling of many welfare systems. The country is reputed to be among the most open economies in the world, while inflation has consistently stayed under the government's 3 per cent target since the mid-1990s. Manufacturing has led growth, while traditional sectors have stagnated or shown only modest growth levels.

In the long-term, New Zealand will need to reduce its large current account deficit and sustain the growth in productivity, particularly its quality of human capital.













Investor Profile:Cash & Equity Investor

Pension Investor

Holiday Investor

Retirement Investor

Downshifter Investor

Business Investor



30,000300 or less
Climate:Hours of Sunshine Per Day in SummerDays of Rain Per YearJanuaryJulyAverage

Water Temp.

2,200 of sunshine per year1,200 - 1,600 mm of rainfall every year12C24C18C
Proximity to:AirportBeachNearest City
The Tauranga Airport is about 2km from Tauranga and just minutes from
Mount Maunganui
Mount Maunganui BeachTauranga
Restaurants and bars:Nice restaurants at the marina with interesting people rambling around. Colourful and aromatic dishes are proudly displayed. There are many varieties to choose from Turkish, Seafood, Chinese, Indian, Steakhouse, Italian, Turkish, Japanese, Thai, Pizza's, etc

A good selection of bars and pubs line the streets in Mount Maunganui and nearby Tauranga.

Sports and leisure facilities:Mount Maunganui has a multi purpose port, catering for cruise ships, and cargo ships as well as a very nice marina for sailboats and launches.

The combination of a great climate, a choice of venues as well as the harbour and ocean, Mount Maunganui ideal for indoor and outdoor recreation with some of the more daring being Dolphin swimming, skydiving, active volcanic island trips, Coromandel tours, rafting and surfing.

Transport:Public TransportRoads
InterCity Coachline operates daily services to Mount Maunganui and the surrounding Bay of Plenty region. Comfortable, air-conditioned transport.

Good bus network, and ferries available to get to other smaller islands.

Good condition and excellent links to south island.
Crime rate:Low
Main types of employmentService and Sales Workers
Future plans:No published information
Yield range6 – 8%
Type of propertyEntry Price Rent-



Off Peak

Average Annual Yield
2 bed apartment£50,000 £250£2506%
3 bed apartment£80,000 £400£4006%
3 bed townhouse£70,000 £500£4007.7%
Detached£85,000 £500£5007%

Demand for letting

PeakOff peak
Quite HighModerate to average
Finance and leisure scores:Total (out of 10)Financial (out of 5)Leisure (out of 5)
Flights scheduled from:London airports and other major cities. Connection flight usually required.
Typical cost of flights:PeakOff Peak
1200 – 3000 GBP900 – 1400 GBP
Operators:Cathay Pacific, Air New Zealand, British Airways, Qantas Airways, Virgin Atlantic, Singapore Airlines, Japan Airlines Company.
Description:The mountain of Mount Maunganui, also known to the local Maori people as Mauao, is shrouded in legend and history. It’s the dominant geological feature of the Tauranga District, with its conical rocky outline rising 232 metres above sea level. It has been of great importance to local Maori for more than six centuries as a place of occupation and later as a refuge for defence.  Mount Maunganui is a wonderful sunny holiday resort, with its prominent volcanic cone that gives it its name, it is popular with surfers.

I had to include somewhere in Australasia as it is so popular with us British!  There was only one area (see Queensland below) in Australia worth mentioning as they have had a boom like us in the UK.  This area in New Zealand is very affordable with entry prices for 1 bed flats found at £35,000.  Obtaining finance for UK residents is very easy at high Loan To Values of up to 80%.  Yields are not so great but capital growth prospects are above average as it is one of the last few areas yet to boom.

 Estate Agents:NameAddressTelWeb
 The Reef 178 Marine Parade, Mt Maunganui, New Zealand+64-7-574 6220

 Eastside Real Estate 438 Maunganui Road, Mount Maunganui, New Zealand+64 7 575
 Harcourts - Central PO Box 5031 Mount Maunganui+64 7 575
 LJ Hooker - Commercial PO Box 5418, Mount Maunganui+64 7 574
 Letting Agents: NameAddress TelWeb
 Cutterscove 136 Marine Parade
Mt Maunganui
New Zealand
64 7 575

 The Reef 178 Marine Parade, Mt Maunganui, New Zealand+64-7-574 6220