Fewer barriers for investors and business means more opportunities for success.
We’re the second easiest country in the world to do business in, according to the World Bank’s 2015 Doing Business report. They also rated us top in the world for ease of starting a business, protecting minority investors and for getting credit.
Other observers agree.
Most efficient entrepreneurial environment
The Heritage Foundation rated New Zealand the world’s third freest economy in its 2015 Index of Economic Freedom, just behind Hong Kong and Singapore. Our score actually increased from the previous year as a result of “improvements in the management of government spending, monetary freedom, and labour freedom.”
Forbes rated us third Best Country for Business in December 2014, (behind Denmark and Hong Kong) for reasons that included personal freedom and investor protection, as well as a lack of red tape and low corruption.
The World Justice Project ranked us sixth out of 102 countries - ahead of Australia, Canada and the UK - for the quality of our legal system.
Fewer barriers, more opportunities
New Zealand is an open-market economy. There are very few limitations on where and how you can invest, and foreign investment is actively encouraged. Government consent is required for only a limited number of investments including assets of more than $NZ100 million, ‘sensitive’ land (rural land over five hectares, coastal land or seabed) and fishing assets.
Along with support for exporters, there are incentives and tax credits for certain research and development activities, and also to support selected growth industries such as the thriving film industry.
We also have a well-developed financial sector that can offer a wide range of financing instruments to support growth.