Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Australia Taxes

Are capital gains on investments abroad taxed in NZ?


Say I acquire New Zealand citizenship and eventually retire there. If I have a tidy sum invested in a variety of US Exchange-Traded Funds which I just hold forever (liquidating little bits here and there to pay living expenses), are the capital gains taxable under NZ law? What if the money were in a US-based hedge fund instead that generates annual short and long-term capital gains?

Yes it is
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