New Zealand Retirement
New Zealand does not have an official retirement immigration category. Looking on the bright side, however, you may qualify for residence in another category. If you do obtain residence in New Zealand, the following applies:
- By law, you can work to any age you want to in New Zealand.
- If you live here continuously for at least ten years, five of them after the age of 50, you get state superannuation at the age of 65. This is currently worth $249 per week after tax if you're single or $383 per week after tax for married couples.
- New Zealand Superannuation is maintained between 65% and 72.5% of average full-time net earnings.
- If you qualify for New Zealand Superannuation and work beyond the age of 65, you will receive both your pay and NZ Superannuation payments.
- Any pension you get from an overseas government will probably be deducted from your NZ superannuation.
- Any pension you get from a former employer overseas will probably be paid in addition to your full NZ pension.