06/03/2019
For two consecutive years, New Zealand has been ranked number one place for ease of doing business according to the World Bank’s 2017 and 2018 “Ease of Doing Business” reports.
The report which assesses countries based on the openness of their economies and the ease in which companies can do business, ranked 190 nations worldwide in 2018.
New Zealand is ranked the top country in ease of starting a business with the smallest number of procedures required and the shortest time to start a new business. The process of paying taxes has been made easier and cheaper in New Zealand.
Doing Business measures the following processes:
Operating in a secure business environment.
New Zealand – Stable economic growth
Solid economic growth is projected to continue at 3% in 2019, boosted by consumption and international tourism.
New Zealand has a low-inflation environment, with monetary policy managed by the Reserve Bank, our independent central bank that is charged with maintaining price stability.
There is a long-standing flexible exchange rate. There are no exchange controls or restrictions on bringing in or repatriating funds.
Migrants make up 25% of NZ’s population
New Zealand’s population is projected to increase by about 1 million in the next 20 years, with the following trend over the period from 2013 to 2038:
New Zealand’s appeal as a place to live, work, and study has resulted in a migration boom, now into the fourth year of record migration. More than half of new migrants opt to live in Auckland.
Supportive Government
New Zealand values the contribution investors and entrepreneurs can make in developing economy and the Government actively encourages offshore investors to get involved here.
It backs business activity with extensive infrastructure investment. As a result, New Zealand offers excellent transport and logistics, well-developed telecommunications, and a high level of energy self-sufficiency.
It all adds up to a well-functioning, low-risk, business environment with everything in place for your investment to achieve strong returns.
2018 commercial and industrial sales are well on track for record high total sales value
Latest commercial and industrial sales analysis across New Zealand shows that 2018 is well on track for another $10 billion year of turnover and could reach a new record high.
Commercial and industrial property investors have shown their high levels of confidence in the sector with enthusiastic bidding and high volumes of transaction activity.
Auckland represents almost two-thirds of all sales activity by value and a third by volume.
Commercial & Industrial Statistics
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