Sunday
Apr292007
The New Zealand Foreign Trust
29 April 2007 in
International,
Trusts New Zealand is the most under utilised of jurisdictions in “offshore” trust planning.
NZ provides all of the advantages and facilities of a traditional offshore financial centre, but is not blacklisted by any authority in the world, has no connotations as a tax haven, and is a member of the both the OECD and WTO. It is a member of the British Commonwealth and is a stable democracy with a bicameral parliamentary system.
NZ has a common law system, a trust code founded on English law, and a modern trust (the NZ Foreign Trust) designed specifically for use by non NZ residents and non NZ situs assets.
Further, New Zealand is not subject to the EU Savings Directives.

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