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  • NZ Property Investor

    MINIMISING TAXES

    Feb 27, 2020 5 minutes

    Q I am wondering if there is a suitable financial structure to invest money from overseas freelance consulting work directly into investment in a property (rental home) at home in New Zealand. I have no intention of avoiding tax or fees but I’d like to minimise them as much as possible over the next two to three years.

    I would need a small mortgage to buy an average property. And I am wondering if it is possible to purchase a property with a look-though company (LTC) and then use the overseas income and rental income to pay the mortgage and minimise profits all around?

    A I am going to assume you are a New Zealand tax resident, and as such, are required to declare all your income sources in New Zealand, including the foreign freelance work. That being the case you are free to use the income to repay a mortgage

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