Budget-friendly Buying or selling property in New Zealand

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Canadians, Americans and NRIs who emigrated to New Zealand, and New Zealanders resident in Canada with property back home. Budget-friendly buying or selling property in New Zealand with a fixed fee agreed in writing before any work starts. Call the 24-hour helpline on +1 (416) 619-0068, or request a written quote today.

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  • 15+Years of cross-border experience
  • 18,000+Clients served
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  • 4Global offices — India, USA, Canada & UAE
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Secure a fixed quote

Your own file sets the fee. Send it over, and a written quote arrives before anything is prepared.

24-hour helpline: +1 (416) 619-0068
  • 15+ years of cross-border experience
  • Google rating 5.0 out of 5
  • 18,000+ clients served
New Zealand in 60 words

New Zealand has run transitional-resident rules for new arrivals whose foreign income is temporarily outside the charge, so the arrival date sets a window that has to be identified before foreign assets are restructured. Expats moving through New Zealand usually arrive with two live filing obligations rather than one, and the first job is working out which of them residence actually keeps open.

Who we act for here

Canadians, Americans and NRIs who emigrated to New Zealand, and New Zealanders resident in Canada with property back home.

Regional filing pattern

Australia and New Zealand run mid-year tax years, so a calendar-year home return overlaps two local years and every credit claim is a mapping exercise.

The question that decides it

New Zealand has run transitional-resident rules for new arrivals whose foreign income is temporarily outside the charge, so the arrival date sets a window that has to be identified before foreign assets are restructured.

Buying or selling property in New Zealand

This page takes the New Zealand corridor and narrows it to one situation. The general position is on the New Zealand country guide; what follows is what changes for this specific case.

The purchase decides the sale. Cost, closing costs, capital additions and any depreciation claimed along the way all feed the eventual gain computation in both countries, and reconstructing them years later is the expensive version.

The team reviewing a file together at a desk

Buying or selling property in New Zealand — priced before we start

Buying or selling property in New Zealand is priced on which side of the transaction you are on and how many properties are in scope. A purchase is largely registration and record-setting, while a sale by a non-resident can require a withholding clearance before settlement and a gain reported in both countries.

Non-resident & departure filings

From $349

fixed, quoted before work starts

Returns for the year you leave, the year you arrive, and the years you earn rental or pension income from a country you no longer live in.
See the fee schedule

Individual tax filing

From $349

fixed, quoted before work starts

One engagement for a personal return that touches more than one country: the income, the assets held abroad and the relief claimed against them.
See the fee schedule

Foreign asset & information reporting

From $349

fixed, quoted before work starts

The reporting obligations that attach to owning something abroad, worked out from your holdings rather than from the tax return alone.
See the fee schedule

Estate & trust filing

From $799

fixed, quoted before work starts

The returns an estate or trust owes on each side, prepared together so relief for tax paid abroad is actually claimed.
See the fee schedule

Catch-up & voluntary disclosure

From $349

fixed, quoted before work starts

Voluntary disclosure handled as one piece of work, from the review of what is outstanding to the returns that close it.
See the fee schedule

Corporate cross-border filing

From $999

fixed, quoted before work starts

Corporate compliance for a group that trades or holds assets in more than one country, prepared on both sides together.
See the fee schedule

Payroll & mobility setup

From $999

fixed, quoted before work starts

Registrations, withholding and the employer obligations that follow staff working across a border, set up once and correctly.
See the fee schedule

Transfer pricing documentation

From $2,500

fixed, quoted before work starts

The transfer pricing file a group needs when goods, services or finance move between its own companies across a border.
See the fee schedule

All published fees on one page — all of it on a single page, so the number you compare is the number you pay.

Do you still file at home?

The question is really "did the home country let go", and only one of the three ever does automatically. Canada does, once the ties end. India does, subject to the day counts. The United States does not, while the citizenship or the green card is held.

New Zealand has run transitional-resident rules for new arrivals whose foreign income is temporarily outside the charge, so the arrival date sets a window that has to be identified before foreign assets are restructured.

Residency and the tie-breaker

Where both countries claim you as a resident for the same period, a treaty — if one is in force between New Zealand and your home country — resolves it with an ordered set of tests: permanent home first, then centre of vital interests, then habitual abode, then nationality, with agreement between the two authorities as the final step. The case is built around whichever test decides it, which is why the evidence is assembled before the return rather than after a query.

Any treaty claim starts with confirming the agreement in force between your home country and New Zealand for the year — and reading the article as modified rather than as originally signed. That single step prevents most refused relief claims we see.

Income by type: who taxes what

Income typeGeneral treatment
Insurance and annuity payoutsOften outside both the pension article and the other-income article, which is precisely why the treatment has to be checked rather than assumed.
Scholarships, grants and trainee paymentsOften exempted for a limited period from arrival under the students-and-trainees article, claimed by filing rather than automatically.
Interest on local depositsGenerally taxed where it arises by withholding, with the home country taxing the same interest and allowing credit for what was withheld.
Directors' feesFrequently covered by their own treaty article and taxed where the company is resident, which can differ from where the meetings were held.
Dividends, interest and royaltiesTaxed at source by withholding, at a rate a treaty may reduce — but only if the payer holds valid documentation before payment.
Pensions and retirement incomeDecided by the specific pension article, which is the least uniform provision in the treaty network.
Fees for professional servicesTaxed where the services are performed, subject to any independent-services or business-profits article and to local withholding on gross fees.

The local nuance

New Zealand has run transitional-resident rules for new arrivals whose foreign income is temporarily outside the charge, so the arrival date sets a window that has to be identified before foreign assets are restructured. General guides stop before this, which is exactly why it is worth establishing early rather than discovering at filing.

The numbers, end to end

The same point, with figures rather than adjectives.

Credit relief on one stream of income

Take C$106,000 of income taxed in both countries. Assume the other country charged 27% on it and the home country would charge 34% on the same amount.

ItemAmount
Income taxed in both countriesC$106,000
Tax paid abroad (assumed 27%)C$28,620
Home tax on the same income (assumed 34%)C$36,040
Credit available (lesser of the two)C$28,620
Home tax still payableC$7,420

The credit absorbs C$28,620 and leaves C$7,420 payable at home, because the home rate on this income is the higher of the two. The balance is real cash and it is due on the home timetable, which is why instalments get raised in the first meeting. Your version of this table is the useful one, and it takes a short call and a document pack to produce.

Example figures throughout, selected to make the rule visible, with rates and thresholds assumed for the demonstration. Your actual filing uses figures confirmed with the issuing authority for your tax year.

What we fix most often

  1. Paying tax twice and calling it double taxation, when the real problem was a credit claimed in the wrong country or in the wrong category.
  2. Leaving a company or account abroad dormant and unreported on the basis that it does nothing, when the reporting obligation attaches to ownership rather than to activity.
  3. Filing the two returns in the wrong order, so the credit is computed before the foreign liability it is meant to relieve is known.
  • A named reviewer signs off every statutory filing.
  • Consultations scheduled to your working day rather than ours.
  • Fixed fees agreed before any work starts, so the number in the quote is the number on the invoice.

One call is usually enough to know whether this is a filing or a project.

Checked and signed off for the 2025 and 2026 filing seasons by Udit Gupta, Cross-Border Tax Expert, Legal Quotient Consultants. This is general information rather than advice about your file — a short call is the way to get the second.

Where taxes for expats comes into this file

Most readers of this page are looking for taxes for expats. What follows sets out how it works for buying or selling property in New Zealand: who is caught by it, what has to be filed, and what the work costs, agreed before it begins.

Canadians, Americans and NRIs who emigrated to New Zealand, and New Zealanders resident in Canada with property back home.

From first contact to filed return

  1. Documents first, questions second

    We read the file before asking anything, so the questions we do ask are the ones that matter.

  2. A quote you can hold us to

    Fixed in writing against a defined scope. No hourly meter, and no revision after the fact.

  3. The order of filing decided deliberately

    Which return goes first can decide whether relief is available at all. That is planned, not discovered.

  4. Nothing filed without your sign-off

    You see the completed work, ask what you need to, and approve it before submission.

What you are actually buying with buying or selling property in New Zealand

Factor Legal Quotient Hourly billing model
Pricing A fixed fee, agreed in writing before work starts Hourly, billed as incurred
Experience 15+ years of cross-border work, 18,000+ clients Varies by file
Both sides of the border Prepared together by one team, so relief is claimed exactly once One country at a time, reconciled later
Who reviews it A named practitioner, published on the page Whoever the queue reaches
Where the work happens Our offices in India, the USA, Canada and the UAE Whichever single office you can travel to

Four terms worth pinning down

Liaison office
An Indian form of presence that may not earn income. Exceeding its permitted activities creates a taxable presence.
Foreign grantor trust
A non-US trust with a US settlor treated as grantor, bringing US information reporting and taxation of the trust's income to that settlor.
Dependent agent
A person who habitually concludes contracts, or plays the principal role leading to them, on behalf of a foreign enterprise — creating a taxable presence without premises.
T1135
Canada's foreign income verification statement, reporting specified foreign property. It is tested on cost amount rather than market value, in aggregate.

Buying or selling property in New Zealand — what the published fees look like

The other driver is paperwork that no longer exists. A New Zealand property held for a long stretch needs its purchase cost, improvements and ownership periods rebuilt from whatever records survive before any gain can be worked out, and that reconstruction is the part that varies between files.

Individual tax filing

$349fixed, before work starts

Covers: Personal returns for individuals, expats and non-residents — foreign income, foreign property and treaty relief handled in one engagement.

See this fee page

Non-resident & departure filings

$349fixed, before work starts

Covers: The filings that follow a move: the departure year, the arrival year, and the income that keeps arriving from the country behind you.

See this fee page

Foreign asset & information reporting

$349fixed, before work starts

Covers: The reporting obligations that attach to owning something abroad, worked out from your holdings rather than from the tax return alone.

See this fee page

The difference a dedicated cross-border team makes

The quote comes from your documents

Nothing is priced from a phone call. We read what you have first, then the fee is set — so the scope and the number are agreed on the same evidence.

Every figure on a page is traceable

Where a rate or a threshold appears in our writing it names the tax year it belongs to. Where it could not be confirmed, the page describes the mechanism and quotes no number.

Cross-border is the whole practice

International and cross-border tax is all we do — not a sideline next to domestic work. The edge cases on this page are our ordinary Tuesday.

Residence is tested, not assumed

Where you are resident for treaty purposes is a question with a method. We work through it and write down the answer, with the facts it rests on.

The firm’s founder at his desk in the Delhi office

Buying or selling property in New Zealand — the four phases

Step 1

The opening call

A call to our 24-hour helpline to establish the facts and the dates that matter

Step 2

Scope in writing

A written scope and a fixed fee before any work starts

Step 3

Prepared and checked

Preparation, then a named reviewer's sign-off before anything is filed

Step 4

Filed, then supported

Filing, then payment — after you have seen and approved the result

The team at work in the open-plan office

A fixed quote first, in writing

  • Step 1: Start with a conversation about the facts – Dates, residence, where the income arose. Fifteen minutes is usually enough to know what applies.
  • Step 2: Scope and price, both written down – You get the scope and the fixed fee together, so there is no question later about what was included.
  • Step 3: Prepared by one team, reviewed by a named practitioner – The same people see both sides of the file, and the reviewer signs their name to it.
  • Step 4: Filed, then followed through – Submission is not the end of the engagement — the queries that arrive afterwards are part of it.

Quoted up front, in writing.

Contact Us 24-hour helpline +1 (416) 619-0068

Keep reading, sideways

Each of these carries its own guide, pricing pointers and FAQ.

Core services for this situation

Quiet disclosure — why not to Its own page: quiet disclosure why not — mechanism, deadlines and published fees.
Canadian snowbird — the substantial presence test Everything on snowbird substantial presence test Canada, at the same depth as this page.
Tax on permanent residency Tax on permanent residency — the guide, the FAQ and the fixed fee.
Regulation 102 — waiver application The full guide to regulation 102 waiver application, with the fee fixed before any work starts.
Management fee study Its own page: management fee study — mechanism, deadlines and published fees.
Form 8858 — foreign disregarded entity Everything on form 8858 foreign disregarded entity, at the same depth as this page.
Canadian subsidiary — cross-border compliance red flags Cross-border tax compliance red flags Canadian subsidiary — the guide, the FAQ and the fixed fee.
Non-resident rental income from Canadian property The full guide to non resident rental income tax Canada, with the fee fixed before any work starts.
Canadian with an offshore account Its own page: Canadian with an offshore account — mechanism, deadlines and published fees.

Who we help

IT contractors — relief you're probably missing Its own page: it contractors relief you're probably missing — mechanism, deadlines and published fees.
Software developers — relief you're probably missing Everything on software developers relief you're probably missing, at the same depth as this page.
Oil & gas rotational workers — what we charge Oil & gas rotational workers what we charge — the guide, the FAQ and the fixed fee.
Tax for cabin crew The full guide to cabin crew tax, with the fee fixed before any work starts.
Tax for railway & transit crew Its own page: railway & transit crew tax — mechanism, deadlines and published fees.
Education & ed-tech cross-border tax Everything on education & ed-tech cross border tax, at the same depth as this page.
Crypto traders — relief you're probably missing Crypto traders relief you're probably missing — the guide, the FAQ and the fixed fee.
Tax for professors & lecturers The full guide to professors & lecturers tax, with the fee fixed before any work starts.
Construction & contracting — relief you're probably missing Its own page: construction & contracting relief you're probably missing — mechanism, deadlines and published fees.

The corridors we work every week

Canada–Hong Kong tax corridor Its own page: Canada Hong Kong tax — mechanism, deadlines and published fees.
Retiring in Singapore — pensions & withholding Everything on retiring in Singapore, at the same depth as this page.
US–Australia tax corridor US Australia tax — the guide, the FAQ and the fixed fee.
Canada–Philippines tax corridor The full guide to Canada Philippines tax, with the fee fixed before any work starts.
Retiring in United Kingdom — pensions & withholding Its own page: retiring in United Kingdom — mechanism, deadlines and published fees.
Working remotely from Portugal Everything on working remotely from Portugal, at the same depth as this page.
Buying or selling property in Germany Buying or selling property in Germany — the guide, the FAQ and the fixed fee.
Moving to Spain — the tax year you leave The full guide to moving to Spain, with the fee fixed before any work starts.
Moving back from Hong Kong — re-establishing residency Its own page: moving back from Hong Kong — mechanism, deadlines and published fees.

The people on your file

Five named practitioners, each with the part of a cross-border file they carry. Every page on this site says who reviewed it, and the reviewer is one of these people rather than an unnamed team.

Udit Gupta

Udit Gupta

Cross-Border Tax Expert

CA (ICAI), In-Depth Tax Trained

Reviews and signs off the practice's cross-border positions, and carries final responsibility for the treaty analysis on every file that leaves the office.

Abhinav Gupta

Abhinav Gupta

Canada Tax / International Tax

Canada Tax, International Tax, Cross-Border Tax, Transfer Pricing

Canadian returns with foreign income, non-resident filings, and the transfer-pricing documentation that runs alongside intercompany work.

Raghav Gupta

Raghav Gupta

International Tax

International Tax, Transfer Pricing Specialist

Benchmarking, method selection and the local-file and master-file sets that support a group's pricing policy under examination.

Anmol Mittal

Anmol Mittal

Canada and US tax

CPA Canada, CPA USA, CA (ICAI)

Files that have to be right on both sides of the border at once — dual filings, streamlined catch-ups, and the foreign tax credit reconciliation between them.

Vinayak Indolia

Vinayak Indolia

CFO advisory

CPA, CA. Fractional CFO and Senior Advisory Specialist

Groups that need the tax position and the finance function to agree: structure reviews, intercompany policy, and the reporting a board can act on.

Meet the whole team

What these engagements turn on

Case study 1

An NRI Selling Indian Property With Tax Withheld on the Price

Withholding on a sale by a non-resident is applied to the sale value rather than to the gain, so it routinely exceeds the tax due. A lower-deduction certificate obtained before completion avoids locking the difference up until a return is assessed.

Read how this one runs
Case study 2

A Secondment Whose Paperwork Decided the Tax

Who employs, who directs and who bears the cost are the facts a treaty article turns on, and an assignment letter is where they are recorded. Drafting it with the tax position in view prevents an argument later.

Read how this one runs
Case study 3

A Canadian Working in the US on a Work Visa

Immigration status and tax residence are different tests, and a visa says nothing about which country taxes the salary. The file fixes residence, applies the employment article, and sequences the two returns so the credit lands where it is usable.

Read how this one runs
Case study 4

Two Passports, Two Returns, One Income

Dual citizenship does not let you choose which country taxes you. The work is establishing residence, applying the treaty article that governs each income type, and preparing both returns from one set of figures so they agree line for line.

Read how this one runs
Case study 5

A Relief That Turned on Days Nobody Had Recorded

Treaty exemption, residence and social security are each decided by a count that has to be evidenced rather than recalled. The engagement builds the record from tickets, rosters and payroll before applying any article.

Read how this one runs
Case study 6

Green Card Kept, Moved to Canada — Both Returns Still Due

Holding a green card does not end the US filing obligation, and living in Canada starts a Canadian one. The engagement fixes residence under the treaty tie-breaker, then decides which return the relief is claimed on so the two do not contradict each other.

Read how this one runs
Case study 7

An Assignment Priced Without Counting the Days

Nearly every relief in a mobility file — treaty exemption, residence, social security — is decided by a day count that has to be evidenced. The engagement puts the tracking in place at the start, because it cannot be reconstructed at the end.

Read how this one runs
Case study 8

Indian Rent Collected While Resident Somewhere Else

Rent from Indian property is taxed in India and again where you live, with relief on one side only. The file gets the Indian deduction right first, then claims the credit on the home return against what was actually paid.

Read how this one runs

All case studies — every published engagement in one place.

Delivery, coverage and how we work

Each of these carries its own guide, pricing pointers and FAQ.

Where the work is delivered

More coverage detail

Core International & Cross-Border Tax Services

International Tax Planning & Advisory

Strategy and compliance for income, assets and families spread across borders.

Treaty residency & tie-breaker
FATCA reporting (Form 8938)
Foreign tax credit (Form 1116)
Multi-country filing calendar
Real estate holding structures
International tax planning
Pre-immigration tax planning
Family office structures
One coordinating team: filings on every side of the border are sequenced so treaty relief and foreign tax credits are claimed once — and in the right country.

U.S. & Cross-Border Tax Returns

Form 1040 from abroad
US state non-resident returns
FBAR (FinCEN 114) filing
Form 5472 — foreign-owned US corp
FIRPTA withholding (Form 8288)
US estate tax exposure
IRS streamlined foreign offshore
PFIC reporting (Form 8621)
Dual filers: U.S. citizens in Canada and Canadians with U.S. income run two parallel systems — we prepare both, in the right order, every year.

Expat & Emigration Tax

Departure tax leaving Canada
T1161 properties on emigration
Residency planning
Step-up in cost base on arrival
Split-year residency
Employment income under a treaty
Social security totalization
Returning to Canada after years abroad
The move year is its own project: the elections and valuations filed that year decide the next decade of both countries’ returns.

Non-Resident Canadian Tax

Section 216 rental return
NR4 & NR6 withholding
Section 217 pension return
Section 116 clearance certificate
Regulation 105 waiver
Non-resident employment income
Taxable Canadian property
Part XIII withholding review
Default withholding is 25% of gross: elective returns routinely turn over-withheld rent and pensions into refunds.

Transfer Pricing & BEPS

s.247 contemporaneous documentation
Functional & risk analysis
Benchmarking study
Intercompany agreements
Country-by-country report
BEPS & Pillar Two
Permanent establishment risk
TP audit defence file
Documentation prepared with the return is the cheapest insurance in international tax; reconstructing it during an audit is the most expensive.

Cross-Border Estates & Trusts

Cross-border wills
US estate tax for non-resident aliens
Terminal return & clearance certificate
Non-resident trusts (s.94)
T1141 & T1142 trust reporting
Inheriting property abroad
Graduated rate estates
Post-mortem planning & pipeline
Wills drafted for one country routinely misfire in the other — deemed disposition here, estate tax there, credits in between.

Cross-Border Corporate Tax

Entity selection across borders
Business profits & PE
Intercompany loans & thin cap
Paying dividends to a foreign parent
Global mobility & day tracking
Debt vs equity funding
Branch or subsidiary
Cross-border M&A due diligence
Expansion raises the same four questions every time — entity, PE, repatriation, payroll. We answer them before the tax authorities do.

India Tax for NRIs & Returning Residents

NRI residency day tests
NRE, NRO & FCNR accounts
TDS on property (s.195)
Lower or nil TDS certificate
Repatriating sale proceeds
Capital gains on Indian shares
India–Canada DTAA
ITR-2 for NRIs
The deduction is taken on the sale price, not the gain — which is why an NRI property sale strands cash unless the certificate is applied for before closing.

Canadian Tax with a Foreign Element

T1135 foreign property
T1134 foreign affiliates
Departure tax
Newcomer's first return
Returning to Canada
Split-year residency
US citizens in Canada
Canada–US corridor
Residency is decided on facts, not on a form — and the year you arrive or leave is the one where the largest amounts turn on the smallest details.

UAE Tax for Expats & Their Home Country

Expat tax in the UAE
Moving to the UAE
Moving back from the UAE
UAE property purchases
Retiring in the UAE
Canada–UAE corridor
India–UAE DTAA
US–UAE corridor
A zero-tax country is only half the answer — the question that decides the bill is whether the country you came from still treats you as resident.

Industries & Client Types We Serve Worldwide

Global E-commerce & Marketplaces
Technology & SaaS
Professional Services Firms
Cross-Border Real Estate
Importers, Exporters & Manufacturers
Athletes, Artists & Entertainers
Remote Workers & Digital Nomads
Investment Funds & Holding Companies

Global E-commerce & Marketplaces

  • Foreign VAT / GST / sales tax registrations
  • Marketplace withholding reviews
  • Inventory nexus & PE analysis
  • Multi-currency books reconciled
Explore E-commerce & Marketplaces

Technology & SaaS

  • Cross-border revenue sourcing & withholding
  • IP structuring with real substance
  • Equity for cross-border teams
  • U.S. expansion: entity & PE setup
Explore Technology & SaaS

Importers, Exporters & Manufacturers

  • Transfer pricing documentation (s.247)
  • Customs value vs transfer price
  • Foreign affiliate reporting (T1134)
  • Country-by-country reporting
Explore Trade & Manufacturing

Athletes, Artists & Entertainers

Performance income is taxed where earned — Regulation 105 in Canada, withholding agreements in the U.S. — with special treaty articles overriding the usual rules.

Performance income is taxed where the performance happens, and the deduction is usually taken at source on the gross fee before expenses. Recovering the difference is a filing exercise in the other country, and it only works if the tour, the residency and the withholding certificates were documented while the work was being done.

  • Reg 105 & U.S. CWA agreements
  • Multi-state & country calendars
  • Touring income allocation
  • Royalty & image-rights withholding
Explore Athletes & Entertainers

Remote Workers & Digital Nomads

  • Residency analysis before moving
  • Employer payroll exposure
  • Totalization & social security
  • Foreign tax credits
Explore Remote Workers

Investment Funds & Holding Companies

  • Treaty access & PPT reviews
  • FAPI & surplus computations
  • Withholding-efficient routing
  • Governance & substance
Explore Funds & Holdcos

New Zealand — questions we are asked

Do I have to file at home while living in New Zealand?

For most people the answer turns on whether the ties that made them resident have actually ended. For a US citizen or green-card holder it does not: the return is due in New Zealand exactly as it would be at home. Everything else on the file follows from which of those you are.

Is there a treaty between my country and New Zealand?

That is verified rather than assumed: we confirm which treaty text governs New Zealand and your home country for the year in question, because a protocol can move a rate or an article between years. If there is no treaty, unilateral credit rules are what prevent double taxation.

I own property in New Zealand. Where is the rent taxed?

Where the property is. That is close to universal, and it usually arrives as withholding on the gross rent rather than as a return on the profit — which is why the election onto a net basis, where New Zealand offers one, is normally the first thing to check. Your home country taxes the same rent and credits what was paid.

How are non-residents taxed on Canadian rental income?

By default the payer or agent withholds a flat rate on the gross rent and remits it, with no deduction for mortgage interest, taxes or repairs. Electing under section 216 lets you file on the net rental result instead, which for most properties recovers a substantial part of what was withheld; an NR6 undertaking filed before the year starts lets the withholding itself be computed on net rather than gross. See the section 216 return.

Do non-residents pay US estate tax?

Yes, on US-situs assets — and with a far smaller exemption than a US citizen or domiciliary receives, which is why exposure can arise at values people assume are safe. US real property, tangible property located there and shares issued by US companies are generally in; foreign-issued securities and certain deposits generally are not. An estate tax treaty, where one exists, can improve the position considerably. See US estate tax for non-resident aliens.

What is FIRPTA withholding?

FIRPTA is the US regime that treats a foreign person's disposition of a US real property interest as taxable and makes the buyer withhold on the gross proceeds to secure it. Because the deduction is on the price rather than the profit, it routinely exceeds the real tax — sometimes on a sale made at a loss. A withholding certificate applied for before closing can reduce it to something closer to the actual liability. See the FIRPTA withholding certificate.

Tax terms explained

Distance sellingForm 8858ODIBEPSSection 116 clearanceFaceless assessmentForm 3520T1134Departure valuationPlace of supplyDependent agentSojourner ruleScope boundaryNRE account Browse the full A–Z glossary

More on New Zealand and this corridor

Elsewhere in this section

All country guidesBuying or selling property in Hong KongBuying or selling property in PortugalMoving back from Saudi Arabia — re-establishing residencyRetiring in Spain — pensions & withholdingRetiring in Mexico — pensions & withholdingMoving back from United States — re-establishing residency

Also relevant

Canada–Australia tax corridorJamaica tax for expats — country guideChina tax for expats — country guideQatar tax for expats — country guideSerbia tax for expats — country guideSlovakia tax for expats — country guide

What this costs

NRI Indian return (ITR-2) — fixed-fee priceMaster file & CbCR — fixed-fee priceStreamlined catch-up — 3 years + 6 FBARs — fixed-fee priceUS state nexus review — fixed-fee price
24-hour helpline: +1 (416) 619-0068

Ready to deal with your New Zealand filing?

Describe what happened and which countries are involved; the fee comes back in writing before anything begins.

Contact Us 24-hour helpline +1 (416) 619-0068 See fixed fees
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  • Your existing accountant keeps the domestic file
  • 24-hour helpline, +1 (416) 619-0068

Our practitioners are alumni of leading accounting and tax institutions

Where our partners studied — CPA Canada (In-Depth Tax Program), AICPA, the Institute of Chartered Accountants of India and the Malaysian Institute of Accountants.

Request a Quote +1 (416) 619-0068