Reasons Behind the Ongoing Migration of South Africans to New Zealand

In 2024, South Africans represented 10% of the 40,000 individuals granted New Zealand citizenship, positioning them as the third largest group of overseas-born citizens to attain this status.

The latest census indicates that more than 95,000 South Africans now live in New Zealand, a notable rise from 71,382 in 2018.

From January to July 2025, almost 1,700 visa applications were lodged by South Africans (including dependents), highlighting New Zealand’s ongoing allure.

According to the New Zealand Department of Internal Affairs, South Africans have overtaken Filipinos to become the third largest cohort of overseas-born citizens awarded citizenship in 2024, with a total of 4,132 South Africans acquiring citizenship, an increase from 3,387 in 2023.

This trend is mirrored in the 2024 Migration Report by Statistics South Africa, which identifies New Zealand as one of the top five destinations for South Africans residing abroad since 2010.

The New Zealand government provides accurate, current data on visa applications, issued and declined visas, and residency status. By the end of July 2025, 29,600 South Africans were living in New Zealand under valid residence visas, which apply to individuals who have held residency for five years or less. After five years, residents are counted as citizens for census purposes and are no longer recorded separately.

Why South Africans Are Drawn to New Zealand

Quinton Keyser, Network and Growth Manager for CENTURY 21 New Zealand, points out that South Africans are attracted to the country mainly for its high quality of life, security, and stunning landscapes.

Many South Africans are in search of better job prospects or wish to reunite with family members already residing in New Zealand. The mainly English-speaking environment enhances its appeal.

In 2025, New Zealand topped the Global Life Work Balance Index for the third consecutive year, as reported by Remote, a global HR software provider. This index considers aspects such as paid leave (which totals 32 days for New Zealanders), healthcare access, and strong legislative protections like paid parental leave (up to 26 weeks to support families).

And naturally, there’s rugby. This common passion cultivates a spirited yet respectful rivalry between the two nations that spans generations.

Financial and Tax Considerations for Those Leaving South Africa

Emigration involves more than just packing your belongings and shipping them abroad. John-Paul Fraser, an emigration tax expert at Tax Consulting South Africa, emphasizes the need to address essential tax, financial planning, banking, and compliance issues. This is crucial for South Africans considering a move to New Zealand, those currently relocating, or even those who moved long ago but did not complete the exit process properly.

Several key areas must be considered, as they are interlinked:

Ability to Transfer Funds from South Africa

If your tax and exchange control status is not correct, you’ll be unable to move money out of South Africa. The process for transferring funds in and out has changed significantly, making it essential to have the appropriate tax status with SARS. Your bank will block transfers without a valid tax clearance from SARS. This clearance will only be issued if your non-resident status is accurate and your records are current. SARS employs advanced technology, including third-party data and artificial intelligence, which makes it nearly impossible to transfer funds without adhering to the correct procedures.

SARS Tax Status and Exit Taxes

You need to notify SARS through the correct process and pay any applicable exit taxes. Certain assets incur exit tax while others are exempt. Strategic planning can help lessen tax burdens.

Financial Planning and Banking

A thorough assessment of your retirement savings, insurance policies, bank accounts, and potential inheritances is crucial to avoid costly errors.

A Holistic Approach

One of the most critical factors is to work with a single holistic advisor rather than multiple separate advisors. What may seem like the best financial planning advice may not align with tax advice or the process of transferring money abroad. Some advisors may prioritize earning fees from limited solutions instead of focusing on the client’s unique needs.

Simplicity is Key

Complicated processes or expensive solutions are often unnecessary. Tax Consulting provides legal privilege, ensuring that even sensitive issues can be addressed securely.

What South Africans Should Know About Purchasing a Home in New Zealand

Keyser mentions that purchasing residential property in New Zealand is largely restricted to citizens and resident visa holders, making eligibility an essential factor for South African buyers.

The property prices may astonish South Africans, necessitating careful financial planning. As of June 2024, the median house price in New Zealand was NZD$770,000 (R8.3 million), compared to South Africa’s median of around R937,000 (NZD$87,450).

The rental market often serves as a starting point for relocating South Africans. Given the limited supply in popular areas, prospective foreign tenants should commence their search early and consider engaging local real estate agents.

Ensuring a Successful Property Purchase

According to Keyser, prospective buyers should first consult a mortgage broker to gain financial pre-qualification and establish a clear budget, a service typically offered at no cost to the buyer.

Once a suitable property is located, a formal sale and purchase agreement is prepared. Keyser stresses the importance of having this document thoroughly examined by the buyer’s solicitor prior to signing. After the offer is accepted, the agreement enters a conditional stage, allowing for necessary due diligence, which usually includes finalizing financing, securing a satisfactory building report, and reviewing the Land Information Memorandum (LIM). Once all conditions are met and both parties are satisfied, the agreement becomes unconditional and legally binding.

“The experience of buying residential property in New Zealand can be remarkably efficient for those who are well-prepared.”

Settle Smarter: Get the Right Guidance from the Start

Although New Zealand is welcoming to skilled migrants, the relocation process requires the right guidance and expertise.

Working with licensed immigration consultants and cross-border tax professionals can reduce stress, ensure compliance, and improve your chances of success.

Tanya Tosen is a tax and remuneration expert at Tax Consulting SA.

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