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NEW ZEALAND
New Zealand is one of the major countries in the southern hemisphere. This beautiful island country is a part of the continent of Australasia and is made up into two parts: North Island and South Island. The population of the country is mainly of European descent. The local Maori communities are the largest minorities. Thousands of travelers from various parts of the world come to this country to get the feel of scenic beauty. The country is home to beaches, coral reefs, forests, mountains and other natural features. Some of the popular tourist destinations are Wellington, Dunedin, Hamilton, Christchurch, and Auckland and so on. Retirement in New Zealand promise to be great retirement options outside the US. After retiring in New Zealand you can enjoy beautiful islands coral reefs, forests, and other beautiful locations.
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New Zealand – A great Destination for Retirees
Retirement Lifestyles in New Zealand
- New Zealand is an ideal place for seniors like you who want to live a comfortable life at reasonable expenses. In New Zealand, you can maintain your home for as little as $15 to $20 per month and your average monthly medical costs (if any) will vary between $10 and $13. Your weekly food bill can be anywhere between $175 and $275.
- If you are retiring in New Zealand, you must know that the healthcare system of the country is funded from the taxes collected from the people. Medical treatment is often free or subsidized. You do not need to pay anything for hospital treatment in case of emergency. Moreover, prescription medicines for all public hospital patients are free of cost.
- Buying property will be affordable in New Zealand after retirement. While homes in South - Papatoetoe can be a bit expensive at $339,000, houses in Palmerston North in North Island Towns are much cheaper at $293,000. The cheaper regions are Invercargill and Dunedin will cost you an average of $225,000 for a well-furnished home.
Pros: Beautiful locations, low taxes and cost of real estate. The mild weather, low rate of crime and absence of pollution are the major benefits of staying after retirement in New Zealand.
Cons: Moving to New Zealand is not easy since you have to go through several stages. Moreover, New Zealand Immigration Service frequently changes their rules.
Besides magnificent scenery and hordes of activities for baby boomers to indulge in, New Zealand boasts the world's highest "healthy longevity" figures, an affordable cost of living, an English speaking populace, and very good infrastructure. No capital-gains tax is imposed on retirees residing in the country.
One of the best places to retire in New Zealand is where you can enjoy an improved retirement lifestyle at half the annual cost in the US. For instance, while two coffees and two banana nut muffins at Starbucks at the LA airport would cost you about $10.00, if you spend an additional $10.00 in New Zealand, you could be sitting in a restaurant by the ocean, savoring oysters, the catch of the day, a rack of lamb, coffee, dessert and a bottle of chardonnay. And all for mere $ 20.00!
However, you may
find it difficult to obtain permanent residency status in New
Zealand, though there'll be no trouble spending up to six
months a year in the country.
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