Here's an idea, New Zealand should move to mop up all the money that will be fleeing the United Arab Emirates right now. All those seeking the tax-free life, don't like receiving messages on their phone telling them their friendly neighbourhood missile will be arriving shortly.
A few years ago I suggested NZ set up a tax-free zone in the East Cape. Let's do this now. For people from overseas, we could take part of the coast and designate it tax-free so long as they stay resident for 120+ days of the year (or something).
https://kenhorlor.blogspot.com/2017/07/make-east-cape-monaco.html
https://kenhorlor.blogspot.com/2018/06/making-east-cape-monaco.html
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