If you are a foreign national looking to start a new business in the country of New Zealand, the road ahead can be quite smooth. New Zealand is known for its low business restrictions, significant monetary advantages, and high levels of regulatory efficiency and transparency. New Zealand’s government has armed local and foreign entrepreneurs with a rich technological and physical infrastructure.

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Most of the reforms that caused New Zealand to be a welfare state were introduced in the 1930s and then in the 1970s under the rule of the Labor Party. The Labor Party managed to gain the ultimate support of the labor unions in New Zealand. Over time, New Zealand’s economy shifted towards being more service-oriented. Around this time, traditional unions, which were supported by semi-skilled and unskilled workers, started to lose their power. Learn more about the working conditions in New Zealand.

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