
On July 2, 2011, KVB Kunlun International hosted the "Three-Way Talk" Investment, Taxation, and Immigration Focus Discussion investment and wealth management seminar at the Spencer on Byron Hotel on Auckland's North Shore. For the first time, we specially invited Michael Tan, Senior Manager from PricewaterhouseCoopers, and lawyer Jan Chen from City-in-law to join us, analyzing the latest policy changes and their impact and potential opportunities for financial investors from the different perspectives of investment, taxation, and immigration.
KVB Kunlun International's Investment Trading Director Benny Wong first analyzed recent market hot topics and offered his personal predictions. He stated: Through the elevated CPI figures, what we see is that negative and zero interest rates cause capital accumulation to fall short of capital consumption. One must formulate a reasonable investment portfolio based on one's own circumstances to diversify risk and ensure asset appreciation. Topics discussed included: Will the United States implement a third round of quantitative easing or a monetary tightening policy? Can Greece become a landmark turning point for the euro? Are precious metals a case for profit-taking or a long-term turning point? Will China's economy have a hard landing? Afterwards, Jimmy Koh, General Manager of KVB Kunlun International's Auckland Securities Department, also analyzed the currently most popular high-dividend and high-payout stocks, pushing everyone's investment enthusiasm to a peak. Many attendees, worried they had not recorded the "good" stocks in time, expressed hopes of obtaining Jimmy's exclusive presentation notes afterwards.
As a financial expert, Michael Tan from PricewaterhouseCoopers analyzed the definition of a New Zealand tax resident and how individuals who frequently travel between China and New Zealand can avoid double taxation. Regarding income tax for individuals and companies, Michael, through the analysis of classic cases, offered some suggestions and advice on how to reasonably minimize tax to spark further discussion. Attendees eagerly asked questions, and the atmosphere on site was exceptionally lively. Many guests exclaimed that they had truly not previously realized how much content and how many nuances tax policy involved.
Finally, lawyer Jan Chen from City-in-law—which has won the "Best Small Law Firm Award"—provided a detailed and professional analysis of the 2011 investment immigration policy changes, the recognized investment sectors, and the role of New Zealand overseas investment in commercial real estate, explaining these legal matters in a clear and easy-to-understand manner through case analysis.