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9th October 2017, 11:57 PM
#1
CGT or tax in NZ when selling overseas investment property
Hi there,
While looking through the inland revenue NZ site I can't seem to find too much advice on when you sell foreign property and come over on work visa..
Situation is: moving to NZ in November
House sale on primary residence will sell before we leave the country.
Also an investment property is being sold too and we have been advised here, that this should complete only once we have left the country for NZ.
I am wondering if there are implications in NZ with tax in this instant?
Thanks
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