The New Zealand Superannuation Fund is a pension paid by the government. Established under the New Zealand Superannuation and Retirement Income Act 2001, the New Zealand Superannuation Fund was created to reduce the tax burden on future New Zealand taxpayers of the future cost of funding New Zealand Superannuation payments. Like many countries around the world, New Zealand has an ageing population, with the number of retired people expected to double by 2050. Accordingly, the cost of providing New Zealand superannuation is also expected to double in this period.
New Zealand does not have an official retirement immigration category. You may nevertheless still be able to retire to New Zealand provided you qualify for permanent residence in one of the country's normal immigration categories. A significant number of people have obtained permanent residence as skilled workers while in their 50s with a view to working for a short time and then retiring in New Zealand. If you do obtain residence in New Zealand, the following applies:
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