Search found 2 matches

by Alastair
Tue Jun 18, 2019 5:42 pm
Forum: Home Loan Forum
Topic: Can I release equity in a property in NZ to buy in Australia?
Replies: 3
Views: 1867

Re: Can I release equity in a property in NZ to buy in Australia?

What is the Non-Resident Withholding Tax (NRWT)? Your website mentions it briefly but I’m still unclear about it. Do I have to pay this tax?
by Alastair
Tue Jun 18, 2019 3:19 pm
Forum: Home Loan Forum
Topic: Can I release equity in a property in NZ to buy in Australia?
Replies: 3
Views: 1867

Can I release equity in a property in NZ to buy in Australia?

Hi, I’m looking to access some of the equity from our investment property here in Auckland to purchase another investment unit in South-East Queensland. Our property’s recent valuation figure came out at NZ$ 890,000 with a mortgage balance of $429,000. Can I release equity in a property in NZ to buy...

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