Kiwi Returnee Update

Link to DomPost article about flow of Kiwis back to NZ.

http://www.stuff.co.nz/dominion-post/business/9670047/Returning-Kiwis-set-to-turn-heat-on-house-prices

More on NZ's Changing Migration Trends

Returning Kiwis Help Lift Hope for Economy
http://www.nzherald.co.nz/immigration/news/article.cfm?c_id=231&objectid=10585848

Departures to Australia Drop Off - Good article by Alex Tarrant
http://www.interest.co.nz/ratesblog/index.php/2009/08/21/big-jump-in-net-migration-as-departures-to-australia-drop-off/

Home (NZ) is a Foreign Land
http://www.theaucklander.co.nz/local/news/home-is-a-foreign-land/3902929/

EmigrateNZ Forum - What do Kiwis who have been out of NZ for a while, make of returning home?
http://www.emigratenz.org/forum/archive/index.php/t-22912.html

Kiwi Departees Slow - NZ Herald (21 May 2009)

Kiwis seeking greener paddocks has slowed according to Stats NZ. See link at the bottom for source.
According to NZ Herald . . .

The net outflow to Australia was 32,000 in the April 2009 year, down from the record net outflows of 35,400 in both the December 2008 and January 2009 years.

Permanent and long-term arrivals exceeded departures by 400 in April, compared with a net outflow of 1,300 in April last year. The increase was mainly due to 1,600 fewer long term departures of New Zealand citizens.

New Zealand's annual net migration balance was a gain of 9,200 in the April 2009 year, up from 4,700 in the April 2008 year.

While the number of Kiwis leaving these shores for good has fallen, the number returning home to live has only increased slightly - with 24,500 in the April 2009 year, just above the annual average of 23,400 seen for the 1979-2008 December years.

"Arrivals of New Zealand citizens tend to show little variation year-to-year," said Statistics NZ.

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10573661

http://media.nzherald.co.nz/webcontent/document/pdf/internationaltravelandmigrationpdf.pdf

KIWI RETURNEES

Flocks of seagulls sitting on the rugby field is a classic storm-sign. What is happening when Kiwis return to "Godzone Country" in larger numbers than previously? Here's a collection of stories on this theme. The Cultural Revolution has definitely started.

Kiwis Decide Home's Best Source: The Press - 22 April, 2009
New Zealand could be heading for a population blip as thousands of Kiwis stay home instead of trying their luck overseas. Net migration numbers arriving in New Zealand compared with those leaving last month was the highest for 2 1/2 years at 1720.

Migration won't affect housing market til 2010 Source: National Business Review – 22 April, 2009
“This economic cycle is also different. It’s a deep global downturn. New Zealand is suffering, but looks better than most, particularly those in the northern hemisphere. Hence, it is possible that migration will hold up better than it has in the past.”

Returning kiwis are eagerly looking for somewhere to rent Source: NZ Herald - 6 October, 2008
The article in today’s NZ Herald highlights an increase in enquiry from London based kiwis seeking employment opportunities in NZ as the credit crisis wreaks its toll on the Finance and Banking sector in the UK.

At Least 10,000 Kiwis Returning as Recession Sours OE Dreams Source: TVNZ – 17 March, 2009
More New Zealanders are turning their back on the great OE, as the tradition becomes one of the casualties of the recession. Up to 10,000 expatriates are expected to come home this year because they are struggling to find jobs and make ends meet overseas.

New Zealand Herald - 12 April, 2009
The local housing market is benefiting from tough economic conditions abroad, says John Wills of Custom Residential.

Questions to Kiwis Source - Chris Martenson Forums Hi all Kiwis! - Some questions I have regarding NZ and its situation in the coming crisis:

ChrisMartenson Forums
I was trying to start a discussion of this in another forum, but I'm eyeing NZ as an interesting place to run to. Why? Well, because you seem to have still certain advantages. Namely, NZ is far away from anywhere making it less likely to get attacked once things start to crash and secondly with a strong agriculture you'll be able to feed yourself even if cut off from the rest of the world. In terms of worst case scenario - total breakdown of the current system - those are really important advantages. Provided of course NZ society won't break down under strain these events will put on it. How do you think?

Move your Money Out Of America And Soon Source - Whiskey & Gunpowder
“It might sound counterintuitive after the sub-prime debacle, but real estate is a sound option for moving money outside of the United States; there are zero reporting requirements. It’s your business where you own property, and (so far) no one else’s. You can purchase property in a private way by setting up a corporate structure to hold the assets so that they’re not in your name (Panama is an excellent jurisdiction to set this up), and although there are many places with depressed real estate markets, there are also many with good growth potential: in Latin America, we would recommend Panama, Colombia, Uruguay, and Chile. In Europe: Slovakia, Albania, and Poland. In the rest of the world: Lebanon, Hainan Island (China), the Philippines, Cambodia, and New Zealand.

Time is of the essence – start looking for your safe haven now.”