The New Zealand government has a regulatory regime in place to control the sale of rural land to other than New Zealand citizens or to individuals who have not been granted new Zealand residency. These regulations mostly affect land over 5 hectares in size.
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A brief background and history of pastoral farming in Hawke’s Bay together notes on the present deregulated pastoral economy and current productivity trends.
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Families and individuals considering any type of investment, especially land purchases, are well advised to seek early advice from an experienced Chartered Accountant on taxation and other related matters that will inevitably affect them. In New Zealand taxation is levied on a personal level through a pay as you earn system, through company taxation and through a comprehensive goods and services tax (GST). New Zealand does not have death duties or land taxes (such as those in USA). Families moving to New Zealand and purchasing property should consider all aspects and advantages of creating a family trust as an entity for the purchase and ownership of property.
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While wine grapes have been established in the Bay since the 19th century, it was not until the late 1970’s and 1980’s that the major wine industry in its present form was established. Today Hawke’s Bay is one of New Zealand’s largest grape growing and wine making regions and has achieved considerable international recognition for many of its wine styles and wineries.
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Early pastoralists established two of New Zealand ‘s best known private girl’s schools, Woodford House and Iona College , both at Havelock North. Hereworth School , one of New Zealand ‘s best known boy’s private primary and intermediate level schools, was established in Havelock North in the early 20th centaury.
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Travelling time from majorNew Zealand locations may be viewed at:
www.aatravel.co.nz/tourist/northisland_travellingtimesdistances.shtml
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A site of general interest to investors, migrants or visitors to Hawkes Bay is: http://www.investhawkesbay.com/investment_and_business/index.htm A very useful site with comprehensive links to the wine industry in Hawkes is: http://homepages.paradise.net.nz/nzwinelinks/hawkesbay.htm
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EIT has a conjoint relationship with Charles Sturt University Australia for the degree and diploma courses it operates in viticulture and wine making and is a leading educational institute and resorce for the wine industry in New Zealand.
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Families considering migrating to rural areas within Hawkes Bay are usually particularly interested to learn what level and quality of educational opportunity will be available for their children. Most rural areas in Hawkes Bay have their own free, state funded, community primary and intermediate level school.
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The most popular beaches are found at Mahia Peninsular and offer some of the best known and most spectacular surfing in New Zealand . Inland from Wairoa, the beautiful Lake Waikaremoana situated in the unspoiled wilderness of the rugged Te Urewera National Park offers spectacular scenery, hunting and fishing. The Wairoa District can also claim some of New Zealand ’s most scenic and productive wild trout fishing rivers, many of which are readily accessible to the public.
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