NZ Residence

Question 1

When is a person Resident in NZ?

Answer 1

If they have PPOA
Present in NZ for 183 days in any 12 month period
Are away in service of NZ government

Question 2

When does a person cease to be a resident?

Answer 2

Cease to have PPOA
AND
Are absent from NZ fro more than 325 Days in a 12 month period

Question 3

What if someone leaves part way through a day?

Answer 3

Part days will be counted as whole days

Question 4

What is a place of Abode

Answer 4

A dwelling available as a home when needed

Question 5

What is permanent

Answer 5

Must habitually reside on lasting rather than a temporary basis

Question 6

When will a transitional resident be taxed

Answer 6

On employment or supply of services income sourced in NZ while transitional

Question 7

When is a person transitional

Answer 7

They are NZ resident
Have been nonresident for a continuous period greater than 10 years previously
have not been transitional before
Didn’t elect to not be transitional

Question 8

When does transitional residency end

Answer 8

Earlier of:

• the day they stop being NZ resident
• Last day of 48 month period after the person became resident

Question 9

When is a company resident in NZ

Answer 9

If:

• Incorporated in NZ
• Head office in NZ
• Center of management in NZ
• Directors control the company in NZ even if directors decision making occurs outside NZ

Question 10

Where is business and contract income sourced?

Answer 10

It is sourced in NZ to the extent business is carried on in NZ