Why buy from New Zealand?
New Zealand is a very straightforward country to do business
with. We have a market-oriented economy with a flexible labor
market and freely functioning financial markets. A highly efficient
agriculture sector is complemented by strong manufacturing and
service sectors.
Ease of doing business
Extensive deregulation over several decades has reduced many
regulatory burdens and created one of the world's most efficient,
competition-friendly economies.
The 2011 World Bank Doing Business report ranked New Zealand
third in the world for ease of doing business and first for ease of
starting a business.
The findings of this report are supported by the 2011 Index
of Economic Freedom, compiled by The Heritage Foundation and
The Wall Street Journal, which ranked New Zealand the fourth freest
economy in the world.
Ready access to banking services
Many of the big international banks are represented in New
Zealand through agents or sales offices.
The Reserve Bank of New Zealand, whose main function is to
implement Government monetary policy according to annual
directives, supervises New Zealand's banking system. It also
registers and supervises other banks. Find out more.
World class infrastructure
We are a strongly trade-oriented society that has developed
sophisticated infrastructure and policies to support companies that
do business internationally. We are well connected by efficient
technology and logistics. Locally, we have fast digital and
wireless networks.
Internationally, we connect to the world through efficient
ports, international airports serviced by a wide range of global
airline services, and high-capacity submarine fibre-optic
cables.
For more information about our ports and airports, see Related
Downloads below.
Extensive free trade agreements
New Zealand is a strong advocate for free trade and was the
first developed country to enter into a free trade agreement with
the People's Republic of China.
We also have free trade agreements with many other nations,
including Singapore, Thailand, Australia, the ASEAN nations and
Malaysia. Australia and New Zealand have one of the most open
economic and trade relationships between any two countries,
effectively giving our exporters duty-free access to 25 million
people.
Favorable time zone
New Zealand is located in the Asia-Pacific and is the first
country in the Organisation for Economic Co-operation and
Development (OECD) to wake up each day.
Our time zone is two hours ahead of the East Coast of Australia
and our working day spans the afternoon on the West Coast of
America, much of the Asian day and breakfast in Europe. Find out
more.
Stable political environment
New Zealand welcomes foreign investment, and the Government is
proactive in providing an environment that enables investors to
relocate and/or collaborate with New Zealand companies.
We are a sovereign state with a democratic parliamentary
government. Transparency International in 2010 named New Zealand
the least corrupt nation in the world (together with Denmark and
Singapore), while the 2010 Global Peace Index calls us the most
peaceful country.
Innovative products and services
New Zealand has a reputation for creating high quality,
innovative products and is active across many markets, including
more traditional markets such as agriculture - where it is a world
leader - to cutting edge clean technology and IT solutions needed
for a sustainable and technology-rich future.
We have taken many 'firsts' to the world, from splitting the
atom to creating the disposable syringe. Our small domestic market
also makes us a great testing ground for new products and
services.
Skilled workforce
New Zealand is a Western nation with a motivated, creative and
skilled workforce. We have leading educational institutions, and
the number of people with a higher degree at post-graduate level
continues to grow.
English is the main language and around 17 percent of New
Zealanders speak two or more languages such as Mandarin, Hindi and
Korean. We are also known for our excellent people skills, work
ethic and can-do attitude.
Sustainability
We are among the leaders in the world in protecting our natural
resources and biodiversity.
We lead global research efforts to mitigate greenhouse gas
emissions from primary production and, under recent legislation,
became the first country in the world to include agriculture in a
domestic emissions trading scheme.
We recognize the importance of demonstrating sustainable
credentials to people who buy and use our goods, and have strict
biosecurity and traceability systems.
We produce up to 75 percent of our electricity from renewable
resources such as hydro, wind and geothermal power. This is
targeted to rise to 90 percent by 2025 as we further harness our
existing resources and utilize emerging energy resources such as
biomass and tidal power.
Transparent legal system
The legal system in New Zealand is based on the British
model.
There are three branches of the legal system, each with a
separate role: the legislature (ie. Parliament) makes the laws; the
Executive (ie. the democratically elected Government) decides on
policy and legislative proposals; and the independent judiciary
(ie. the Courts) applies the law, free from political
interference.
This 'separation of powers' ensures that the legal system
operates in a fair and transparent way.
Do you want to invest in New
Zealand?