An NZIER report finds New Zealand's inadvertently discouraging talented people from moving here.

Our current tax laws make expat Kiwis and migrants pay for the investments they made before coming here.

The rules impose tax on the paper value of those investments, even if they are still in start-up phase and not making any income. 

Founder of US-based capital firm Shasta Rob Coneybeer told Mike Hosking the rules are out of step compared to other OECD countries.

“Among the returning Kiwi expat community, the talented people that can help build technology startups, this is something that people are very aware of and has had an impact over time.”

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An NZIER report finds New Zealand's inadvertently discouraging talented people from moving here. 
Our current tax laws make expat Kiwis and migrants pay for the investments they made before coming here. 
The rules impose tax on the paper value of those investments, even if they are still in start-up phase and not making any income.  
Founder of US-based capital firm Shasta Rob Coneybeer told Mike Hosking the rules are out of step compared to other OECD countries. 
“Among the returning Kiwi expat community, the talented people that can help build technology startups, this is something that people are very aware of and has had an impact over time.”
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

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