THE NEW ZEALAND IMMIGRATION GUIDE
by Adam Starchild
New Zealand has always been a natural wonder. Sired by volcanoes
in the middle of an emerald sea, the land is a mixture of pastures,
jagged mountains, white beaches, and tropical forests. Economically,
the country is no less a marvel. It's an excellent example of
how free markets create prosperity.
In 1984, New Zealand voters booted a left-leaning government and
brought in a free-market-oriented government. Immediately, finance
minister Sir Roger Douglas began to implement some of the most
important reforms in any country of the 20th century.
Sir Douglas floated the currency, revoked all farm subsidies,
abolished all import tariffs, privatized 60% of state-owned companies,
fired 55% of the government workforce, placed the central bank
chairman on a performance contract, revoked capital gains and
inheritance taxes, and refused to print money to save reckless
banks and inefficient companies from bankruptcy.
The results have been astounding. New Zealand now has one of the
lowest inflation rates in the world (1.3%), seven consecutive
years of budget surpluses, 6.4% unemployment (down from 12%),
and a resilient, entrepreneurial economy that soared 5.8% last
It's the kind of country, in other words, where you can build
a second home to enjoy the good life -- and end up making a fortune
almost by accident as the value of the property you buy rises
amidst a booming economy.
5 1/2 x 8 1/2 168 pages
New Zealand Immigration Guide