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Rise in number of Chinese migrating to New Zealand

Posted on 12 Nov at 9 AM Tags: Property,

Official statistics released by the New Zealand government show that migration from the country caused a population drop of 3,300 at the end of September. Statistics New Zealand also revealed that the most popular country with those looking to make a new home abroad was Australia with 53,700 people leaving for their neighbour during the year ending in September.

The number of people crossing the Tasman from Australia to New Zealand with the intention of staying was 14,200. Statistics New Zealand said the vast majority of these people had been born in New Zealand and were returning back to the country after an extended stay abroad.

Other countries provided net gains in terms of migration figures for New Zealand. The UK was the largest contributor with 5,500. Next was China with 5,200 and then came India with 5,000.

The New Zealand population currently stands at 4,433,100. Of this number 2,389,000 are employed. During the year ending in September the country’s Gross Domestic Product was NZ$203 billion, an increase of 0.6 per cent.

The past year has also seen a significant rise in the number of visitors coming in from China. More than a million visitors came from Australia and 198,400 people flew in from the UK. The number of visitors coming over from China was 186,800 according to the government.

The NZD exchange rates on 12/11/2012 were as follows: GBP NZD = 1.9414, EUR NZD = 1.554, USD NZD = 1.2229, AUD NZD = 1.2749, CHF NZD = 1.2895, INR NZD = 0.0223, AED NZD = 0.3332, MXN NZD = 0.0924, CAD NZD = 1.2229, ZAR NZD = 0.1397, RUB NZD = 0.0387, . See today's New Zealand Dollar Exchange Rate
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