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New Zealand possesses the following advantages:
SECURITY
New Zealand is unrivalled in its security, possessing both internal political and regional stability. In a troubled world it does not present itself as a terrorist target.
CONFIDENTIALITY
There are no reporting requirements for foreign trusts and no requirement to file any accounting records with any government or regulatory body.
GEOGRAPHICAL
New Zealand is situated in Australasia and therefore is not restricted by the European Union regulations. There is good accessibility by air travel and New Zealand also has the time zone advantage of same day access to Asia and parts of America.
COMMERCIAL INFRASTRUCTURE
New Zealand has a highly reputable business community, enjoying the presence of some of the world's leading banks together with reputable legal and accounting firms. New Zealand prides itself with being at the forefront of industry when it comes to the provision of facilities for e-commerce possessing well developed Internet data centres and internet service providers, together with the necessary supporting telecommunications systems.
OTHER ADVANTAGES FOR USING NEW ZEALAND:
Able to provide an offshore type trust structure onshore
It is an English speaking country
It enjoys political and economic stability
It is an independent British Commonwealth country
The legal system is based on English common law
Its Trust Law is similar to that of other common law jurisdictions
The legal and banking profession is of a high standard
It has well developed communication, commercial and business infrastructure
New Zealand is a full member of the Organisation for Economic Co-operation and Development (O.E.C.D)
New Zealand is not perceived as a harmful tax jurisdiction by the O.E.C.D whilst providing many of the advantages of an offshore tax jurisdiction
New Zealand represents a fresh approach to offshore asset protection
New Zealand is a signatory to the 1922 Hague Convention and can thus provide documents under apostile seal
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