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Snapshot 8:Wed, Sep 4, 2024 7:30:16 PM GMT last edited by JoseMoura

New Zealand Nearly Tripples Tourist Tax for Foreign Visitors

New Zealand toNearly nearlyTripples trippleTourist touristTax tax for internationalForeign visitorsVisitors

Above: A view of the arrivals area as tourists are welcomed back to Auckland International Airport on April 13, 2022 in Auckland, New Zealand. Image copyright: *** GETTY *** Fiona Goodall/Getty Images

The Spin

Destination taxes are the future, as most tourists are indeed willing to pay a levy if that helps improving local infrastructure and promotes the sustainable use of local resources. Given that there has been little evidence that such taxes have a negative impact on the flow of visitors, one can only expect them to become more and more common.

AsIt's a matter of fact that New Zealand's troubledtravel and tourism economyindustry continues to recover from the COVID-19 pandemic, lagging behind major markets. Therefore, the governmentproposed proposeshikes toin triplevisa fees and in the touristIVL tax,spells whichdisaster willfor discouragethe visitors.country's Theeconomy feeas hikesthey will make travel to New Zealand more expensive and less attractive, potentiallydiscouraging delayingpotential the rebound in visitor numbers until after 2026visitors. This is not good for country's economy.

Metaculus Prediction

There's a 23% chance that a CANZUK Free Movement Treaty will be adopted before 2029, according to the Metaculus prediction community.


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