A Dynamic economy
New Zealand is a constitutional monarchy with no formal constitution, really stable politically. Prime Minister Bill English continues its actions and reforms: partial privatization of large enterprises, economic regulation of the internal market, support for innovation, improvement public services and reform of the education sector.
New Zealand has an open market economy that works on free market principles and has a very export-driven competitive economy with exports accounting for about 30% of GDP. New Zealand depends heavily on international trade, especially with Australia, China, the European Union, and the United States. For many years its earnings were mainly from farm products, such as wool and dairy products. Today developments such as tourism, film production, and winemaking are also significant.
With a low-inflation environment, New Zealand is the easiest place in the world to start a business and the world’s second easiest country to do business in generally (2015 World Bank) . There are few restrictions on establishing, owning and operating a business here. From the 1980s, New Zealand’s economic reforms freed up the market and removed many barriers to foreign investment
New Zealanders (informally known as Kiwis) are very friendly and welcoming. New Zealand consistently leads international quality-of-life surveys thanks to its right work-life balance. New Zealand was rated second in the world for work/life balance in HSBC's 2015 Expat Explorer survey. Working hard and getting ahead is important to us. We’re a well-developed, well connected country with all sorts of opportunities to advance your career. New Zealanders are hard-worker but they also believe life is for living. It is really important to balance a good day’s work with time for family and friends. Kiwis really enjoy outdoors activities that make the most of the spectacular landscape.
New Zealand is an amazing destination. You will enjoy diverse landscape as spectacular glaciers, picturesque fiords, rugged mountains, vast plains, rolling hills, subtropical forests, a volcanic plateau, and miles of coastline with sandy beaches.
New Zealand has been named the world's best country by readers of Britain's Daily Telegraph, Among the 26 reasons, you will find landscapes that "make you want to applaud", "magnificent Maori culture" and the fact that "it really does look like Middle Earth".
ABOUT NEW ZEALAND
- Mäori name: Aotearoa
- Capital: Wellington
- Largest city: Auckland
- Official languages: English, Mäori, NZ Sign Language
- Population 4,509,700 (est June 2014)
- Area 268,107 sq km
- Currency New Zealand dollar
- Government Parliamentary democracy
- GDP: 2.3 % (January 2016)
- Unemployment rate down to 5.3%