New Zealand 'best place to live' Published: 05/10/2008

If you are planning to do some overseas property investment, then you might want to look as far as New Zealand as it has just been voted the best place to live in the world.

Respondents to a survey by Alliance & Leicester International voted New Zealand top for both quality of life and the cost of living.

New Zealand also has one of the lowest average property prices of anywhere in the western world, with a home costing you £105,750.

The highest tax band in New Zealand is at 39 per cent, compared to 50 per cent in Australia and 48 per cent in France.

When it came to cost of living alone, New Zealand was followed by South Africa, Florida, Dubai and Canada.

The UK ranked in at number eight of the 14 countries, beating Singapore, New York, France and Hong Kong among others.

Commenting on the survey Simon Ripton said: "New Zealand does on average appear to offer a high quality of life at a reasonable cost - attributes that many people value in their country of residence.

"Its strong cultural links to the UK also make it highly attractive to many UK movers. But wherever expats do decided to settle, they will want to maintain links with the UK and many of the aspects of their home country that they value."

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