Geoffrey Cone Gives Advice on New Zealand

Giving advice is a major part of Geoffrey Cone’s job. He is an attorney and it is his job to be able to give advice to people who are considering making a move to a different country. He wants to make sure that people know what they are doing when it comes to making a move to a different country.

 

While Geoffrey Cone has given a lot of advice to the people who he works with, he has also been able to give advice to other people including himself. He took his own advice and moved to a different country. Since he is a global attorney and sees a lot of people who do that with great success, he decided that it would be the right choice for him to make when it came to making sure that he was doing the right thing for his income and for his lifestyle.

 

Cone is originally from New Zealand. This is what he still considers to be his home and he enjoys the country still. He does not live there, though, because of the taxes. Many people are surprised to hear that is why he left because most think that New Zealand does not require its citizens to pay taxes. This is not the case and all citizens of New Zealand are subject to taxes that are around the same amount as that of what people in other fully developed countries are expected to pay on the income that they make.

 

What likely has people confused about the taxes in New Zealand is the fact that the country is one that is tax transparent. This means that people are able to see what the taxes are like in the country and they are able to understand what they will be paying for taxes before they move to the country. Anyone who is able to read English is able to see the tax report that is published by New Zealand. This is something that people need to consider when they are making a move to the country or even considering moving to a different country.

 

Even though New Zealand is not a tax haven and does require its citizens to pay taxes, people can find countries that do not require them to pay taxes. These are tax havens and they have very low taxes or no taxes at all. People who move to these countries are often people who make a lot of money and people who are unable to save the money that they want because of the taxes in other countries. They are the ones who benefit most from the tax havens and the tax free lifestyle that these countries offer to them.