New Zealand

Monthly cost of living

Visa processing time (days)

Rent index (2020 = 100)

Tax on average salary (€60,000)

Savings by experience level

Income Tax Brackets (Single Filer)

Source: IRD.govt.nz · 2025-26

Tax Notes

• No social security contributions from employees.
• ACC levy (~1.6%) applies but is separate from income tax.
• No joint filing — individual taxation.
• Working for Families: up to NZ$7,015/year per child (income-tested).
• KiwiSaver: 3-10% employee contribution (voluntary, employer matches 3%).
• No capital gains tax (except on property sold within bright-line period).

Child allowance: NZ$3,770 per child/year

• Auckland and Wellington are main employment hubs.
• Tech, healthcare, construction, and agriculture in demand.
• Smaller market but less competition than Australia.

Public system funded by taxation

English (IELTS 6.5+ for most visas)

• Bond (deposit) is max 4 weeks rent, held by Tenancy Services.
• Rental market tight in Auckland.
• Healthy Homes standards apply to all rentals.

• Overseas Investment Act restricts foreign buyers.
• First Home Grant available for residents.
• Building inspections strongly recommended.

• Fake education agent scams.
• Accommodation fraud targeting international students.
• IRD number phishing.

• Verify institution on NZQA provider list.
• Use licensed immigration advisers (IAA registered).
• Check education agent credentials.

Utilities to set up

• 1Electricity and gas connection
• 2Internet (fibre) setup
• 3Water (included in rates in most areas)
• 4Contents insurance

First 30 days

• 1Apply for IRD number
• 2Open NZ bank account
• 3Enrol with GP (doctor)
• 4Get driver's license or NZ ID
• 5Set up mobile phone plan