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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (3545)1/17/2006 8:33:46 PM
From: Riskmgmt  Read Replies (1) | Respond to of 217906
 
TJ
Sounds easy and free from hassle. I thank you for taking the time and trouble to detail the 3 options. If you are an example of a HK. businessman, I have much to look forward to, should I choose to locate there. I will pm you later, after I ponder on the options.

BTW. I currently reside in Florida, USA and I am seeing a real change in the Real Estate market, for the first time since 9/11. R.E. tax bills are coming due (big increases over last year),ditto insurance premiums and buyers are finally starting to question some of the crazy asking prices. A friend in the equity loan business told me the other day he had 5% of his loans in foreclosure and many more behind a month or two. It is the highest he has had in 20 years.

Chugs

Ray



To: TobagoJack who wrote (3545)1/18/2006 4:42:10 AM
From: Maurice Winn  Respond to of 217906
 
<i do not suppose one can choose amongst such generous choices where crabbe is? or for that matter, where the maurice hangs.>

Jay, unfortunately, the average Kiwi is clueless about the value they own and are happy to sell it for a fraction of its value, then apply for a job to the new owners, cleaning their cars, serving them food, making their beds.

Which of course makes my life less convenient and reduces the value of my share of property owned by "New Zealand".

You can check the purchase price online. immigration.govt.nz <The Minister of Immigration, Hon Paul Swain, today announced that a new Investor Category will take effect from 4 July 2005.
The category grants residence to people with at least five years’ business experience who will retain NZ$2 million in an acceptable investment in New Zealand for five years. These investors must be willing to make New Zealand their main home by the end of the investment period.

Applicants will also have to meet health, age, English language and character requirements, as well as showing that they earned or gained their funds legally.

The new category involves a two-step process that, like the Skilled Migrant Category, involves applicants filling out an Expression of Interest in becoming a resident through investment. Immigration New Zealand will assess the Expressions of Interest and invite people who meet the criteria of the policy to apply for residence.

Investors can choose to keep all their funds with the New Zealand Government for five years or withdraw up to half the funds after two years if they can show the funds will be invested in a way that will benefit New Zealand. Any funds held by the Government will be allocated to infrastructure projects, through the Budget process.
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Mqurice