THE BEST (AND SAFEST) INVESTMENT VALUE IN THE ENGLISH-SPEAKING WORLD

Dear International Living Reader,

"New Zealand is better than I remembered," resident expatriate Jaron Summers reports. "In my opinion, it is the finest English-speaking haven on the planet. On top of that, the greenback stretches from here to the moon.

"Envision a land three-quarters the size of California--then subtract about 30 million people. Make all the freeways and smog vanish. Surround the remaining pristine beauty with a crystal clear ocean… and that's the land of the Kiwi.

"We've settled in the village of Davenport, a 10-minute ferry ride from Auckland, where everything is within easy walking distance and most of the 18,000 residents know each other.

"Because of its excellent location, Davenport is one of the most expensive areas to buy or rent. But even here, an upscale, modern, three-bedroom, two-bath home on the ocean lists for less than $250,000. (That same home in Malibu would be more than $5 million.) And there are plenty of ocean-view properties farther along the coast that you can buy for $70,000. Fixer-uppers are less."

Sound enticing? We think so, too.

UNFETTERED LANDSCAPES... FRIENDLY
PEOPLE... GOOD-VALUE INVESTING...

In fact, as far as we're concerned, New Zealand offers the best--and safest--investment value in the English-speaking world. That's why we're headed there from October 17-30, 2003. I hope you'll join us.

I'll give you all the day-by-day details about this special investment expedition in a moment. But first, let me quickly map out why we think this is, right now, one of the smartest places in the world for you to live and invest. Simply put...

New Zealand is a land of natural wonders. Sired by volcanoes in the middle of an emerald sea, this country boasts a mixture of pastures, jagged mountains, white beaches, and tropical forests.

The people here--Kiwis as they're affectionately called--are among the most friendly, helpful, cheerful, and welcoming people on earth.

An English-speaking country bigger than England, New Zealand has less than 1/15 of Britain's population. The country is uncrowded and unspoiled, largely undiscovered by foreign investors, and extremely undervalued.

The economy is growing and healthy. Household incomes have grown over the past year as more people have found jobs. Interest rates are low. There's strong housing demand. Unlike in the States where government spending has created a record-breaking deficit... in New Zealand, the current budget shows a surplus of $4.04 billion for 2002-3.

The cost of living in New Zealand is about half what you'd pay in the States. At this writing, $1 New Zealand equals 57 U.S. cents. Practically speaking, that means that you can hire a nanny for US$6.84 an hour or a cleaning service for US$5 an hour... get a dental check-up for US$28.50... visit a family doctor for between US$14.25 and $28.50... buy a liter of unleaded gas for US$0.61... a liter of milk for US$0.89... see a movie for US$5.54...

Buying property in New Zealand is easy--the transaction costs are low, and financing is not only available, but favorable. What's more, property values are on the rise.

A significant rental market exists in New Zealand, where nearly 30% of locals rent. Plus there's a growing market for short-term rentals to visitors. The number of international tourists to New Zealand has increased 85% over the last 10 years, and that growth is projected to continue.

PROPERTY PRICES A FRACTION OF
WHAT YOU'D PAY BACK HOME

Best of all, first-rate properties go for a fraction of what you'd pay for something comparable in the States. For example...

In the green hills of the southern lake district, you can own a deluxe, fully-furnished one-bedroom apartment in Queenstown for US$71,250...

Ten acres with a 4-bedroom, restored mud-brick-and-stone homestead boasting heart-stopping mountain views and overlooking the Taieri River lists for US$199,500.

A small lot with gorgeous lake and mountain views on the Bay of Plenty in Rotorua is on offer for US$66,055.

Thirty-five minutes from central Auckland, a posh, fully-furnished 3-bedroom apartment close to cafes and beaches is for sale. A large in-ground thermal pool sits on the property, and residents enjoy beautiful estuary views. This place would be ideal as a part-time residence you could rent out when you're not there. Price? Just $139,650.

In Auckland City proper, right out in the harbor, a luxury glass-walled, 1-bedroom apartment offers incomparable views. A large balcony invites outdoor living. It's on offer, parking spot included, for US$228,000.

IT'S LIKE GETTING INTO HAWAII 40 YEARS AGO

New Zealand today is like Hawaii was 40 years ago. In the 1960's, Hawaii was considered the back-of-beyond, and you could have bought a lot on the big island for $10,000. Now tourists and investors flock there--6.3 million of them last year--and you'd be lucky to find a lot on the ocean selling for less than $1 million.

New Zealand is poised to follow suit. This Pacific-island paradise is just now being discovered... but word is getting out fast.

Since January 2002, the New York Times has published a whopping nine articles about travel in New Zealand. Lonely Planet travel guides just named New Zealand its top destination for 2003. The three Lord of the Rings movies were filmed in New Zealand, and since the first was released in December 2002, property values have risen 5%. They are expected to increase another 5% to 10% annually for the next few years.

Tourism in New Zealand grew by 7.1% last year, and industry experts predict the positive trend will continue. To help ensure it, the government just recently announced a three-year, $15 million campaign to market New Zealand to U.S. travelers.

The increased interest in New Zealand bodes well for its economy... and for anyone who stakes a claim there now.

A STABLE, FIRST WORLD ECONOMY

New Zealand isn't the only place in the world where you can invest ahead of the crowd--places like Argentina, Honduras, Ecuador, and Nicaragua come to mind. But none offers the economic stability and low level of risk New Zealand does.

Plus this country is English-speaking, which makes doing business easier. And it's a First World nation... indeed, an economic marvel.

You see, back in 1984, New Zealand voters brought to power a free-market-oriented government which, under the guidance of then-finance minister Sir Roger Douglas (whom you'll meet on our trip) began to implement important reforms.

Douglas floated the currency, revoked all farm subsidies, abolished all import tariffs, privatized 60% of state-owned companies, fired 55% of the government workforce, placed the central bank chairman on a performance contract, revoked capital gains and inheritance taxes, and refused to print money to save reckless banks and inefficient companies from bankruptcy.

The results have been astounding. New Zealand now has one of the lowest inflation rates in the world (expected to fall further from 2.5% to 1.5% by the end of the year), eight consecutive years of budget surpluses, 5% unemployment (down from 12%), and a resilient, entrepreneurial economy that expanded 4.5% last year.

PROFIT BEYOND REAL ESTATE

During our expedition, you'll learn about several ways--beyond real estate investment--that you can take advantage of profit opportunities in New Zealand.

You'll hear from Ralph Shale, for example, who represents IGrow New Zealand Ltd., a niche corporate finance advisor that specializes in advising New Zealand high-growth businesses and investors in the private-equity and venture-capital markets. You'll find out about unique investment opportunities in sectors as diverse as biotechnology, viticulture, software, and natural resources.

Plus you'll meet a representative from Roger Dickie New Zealand Ltd. who will talk about profitable forestry investment. New Zealand leads the world in plantation forestry--softwood grows faster here than anywhere else. You'll discover the various ways you can grow your portfolio... along with some trees.

IDEAL FOR A PART-TIME RETREAT

While the rules for residency in New Zealand are growing ever-stricter (we'll have speakers on hand who will walk you, step-by-step through how the system works), you can avoid the red tape by spending no more than six months in the country each year.

That's what Bonnie Rule and her husband are doing. "Two years ago, my husband and I acquired a coastal farm in New Zealand," she explained, "where we are attempting to live and work three to four (eventually six) months a year.

"Although our property is only an hour's drive from downtown Auckland, the largest city in New Zealand, extra phone lines are few and far between out here in the country, so we've been making due with one phone line. (Yes, we've heard of cell phones, but they don't work out here either!)"

"My husband, Rick, works Tuesday to Saturday from 4 a.m. until 2 p.m., coordinating with California broker's hours. When he's finished his work day, we head out the door for hikes and swims, returning in time to cook an early dinner so he can turn in by 9. (On weekends, we whoop it up and stay up until 10.)

"My husband's 21-year-old daughter, Mackenzie, flew over with us the day after Christmas and stayed two-and-a-half weeks. We had plans to tour her around the country, but once she saw the white sand beaches, tropical streams, and bucolic countryside here on the property, we couldn't budge her.

TAKING TIME TO LIVE SLOWER... AND BETTER

"I sleep until 6:30 or 7:00, when Rick brings me coffee in bed--the joys of working at home! Because Rick has computer and phone priority, keeping up with my traditional chores of managing our personal finances and communications and organizing our travel schedules has been a little tricky, but manageable.

"Living in a country that has yet to discover the invention of window or door screens (or outdoor vents for the clothes dryer), on a farm where if not the deer and the antelope, then the cows and the sheep and the peacocks and the turkeys and the bunnies and the hedgehogs and the fantails and the...(you get the picture) play, keeping the house up is a full-time job. Well, at least a heck of a lot more time consuming than taking care of my hermetically sealed lint-free suburban home in Carlsbad.

"And I haven't even gotten to the cooking part. Image my distress living in a country with no Trader Joe's or Costco. (Not to mention that the nearest grocery store is a 50-minute drive away. Trust me, you don't forget the eggs.) I have discovered that I can indeed cook from scratch and here in the country actually enjoy it.

"All joking aside, part of what keeps me busy is the luxury of daily reading, walking, weight lifting, yoga, leisurely baths...the kind of "good for you" stuff you want to do at home but don't always have the time for. Here, I do."

COSMOPOLITAN CITIES, HOT WATER BEACHES,
STEAMING LAKES, AND MUD POOLS

If a slower, saner existence sounds appealing, I invite you to join us in New Zealand this fall. You'll learn more on this expedition than you could ever gather on your own. That's because we bring the best inside resources and contacts to you and give you the connections you need to make an investment or move here smooth... and profitable.

Our trip begins in Auckland, a lively city host to the America's Cup Race and known as the "City of Sails," for thousands of white masts that dot the harbor. During our two-day stay in this cosmopolitan enclave, we'll overnight at the elegant Sebel Suites, right in the heart of the city.

We'll explore real estate opportunities in town and along the secluded bays and beaches just a short way from the city center. And we'll host our seminar here as well, so you'll start the trip with a useful background about investment opportunities, residency rules, day-to-day living, buying property, and more...

From Auckland we head to the Coromandel Peninsula for two days in a region known for its sunny, temperate weather... its dramatic coastline... and its rugged forest. You'll see properties on offer and have a chance to stroll along white sand beaches (including one where hot water bubbles up out of the sand). We'll stay for two nights at the luxury Mercure Grand Puka Park Resort, nestled in the native bush and overlooking the blue Pacific.

Next we travel to Hawkes Bay--exploring the stunning region of Taupo, on the volcanic central plateau of the North Island, en route. We'll stop in Rotorua, the heart of Maori culture, to learn a bit about the region (replete with geysers, steaming lakes, and mud pools) and to meet with real estate contacts there.

Hawkes Bay is New Zealand's richest agricultural area, and a primary wine-producing region. Here, again, we'll meet with real estate agents and see properties on offer. But it's not all work. We'll also take in the glorious Tuki Tuki Valley from a perch on Te Mata Peak and have time to explore the town of Napier.

SOUTH ISLAND PARKS AND VINEYARDS

From Hawkes Bay we fly to Queenstown on the South Island, set on the shores of Lake Wakatipu and nestled amidst the massive peaks of the Southern Alps. This is one of the most scenic spots on earth and, as it happens, the "adventure capital" of New Zealand, where bungy jumping and sky diving are activities of choice.

LEARN FROM ONE OF THE COUNTRY'S
MOST SUCCESSFUL INVESTORS

After three nights in Queenstown at the Mercure Grand St. Moritz, we'll fly back to the North Island, to Wellington. There we transfer to Wharekauhau, a magnificent resort owned by James Dale Davidson, where we'll stay the night.

Mr. Davidson, former editor of Strategic Investment, best-selling author (Sovereign Individual, Blood in the Streets), and founder of the National Taxpayers' Union, will join us for lunch, as will Sir Roger Douglas (the former finance minister). They'll talk about their experiences investing in New Zealand and offer some words of wisdom about how and where you can best take advantage of this country's many opportunities.

Wharekauhau Lodge is a masterpiece encompassing 5,000 acres, complete with sixteen miles of beachfront. It won "Outstanding Hotel in New Zealand," from New Zealand's Entertainment and Tourism Industry, and Travel & Leisure rates it one of only 20 "hot spots" in the world. Last summer, Conde Nast ranked it as one of the most luxurious in the world!

THE SAN FRANCISCO OF THE SOUTH PACIFIC

From Wharekauhau we travel to Wellington, our final destination, exploring the Martinborough wine country on the way. In Wellington, colorful Victorian homes on hilly streets overlook the harbor. It's sort of a San Francisco of the South Pacific. Here you can enjoy the café culture, walk its hills and byways, and visit art galleries and the National Museum.

Throughout our journey, while you get to know the country's advantages and opportunities, you'll enjoy first-class accommodations and dine at excellent continental and local restaurants--serving everything from tender grilled lamb to the very freshest seafood and shellfish. But I should remind you--this is a trip designed for pleasure and profit.

You'll visit a working sheep station, and learn why sheep farming, timber, and fishery are traditional businesses with untraditionally large profit potential.

You'll be introduced to potentially profitable venture-capital opportunities.

You'll learn the ins and outs of New Zealand residency and ownership and find out about the country's special tax advantages.

This is a complete trip, delivering the very best in lifestyle and investment opportunities in a peaceful and prosperous country that offers a better quality of life for less. And you'll learn about it all from the very best experts on the subject.

SIGN UP TODAY... SPOTS ON THIS TRIP WILL GO FAST

Just to consult with professionals of the caliber of James Dale Davidson, Sir Roger Douglas, and the other experts you'll meet could easily cost thousands of dollars. Add on travel and accommodations, and you could expect to pay a minimum of $7,000 to $10,000 if you tried to arrange this kind of trip yourself. In fact, one seven-day tour of the country held by a well-known investment group sold-out at $8,000!

But you can join us on this fact-filled, profit-focused, adventure-packed New Zealand safari for just $4,997 per person, based on double occupancy (single supplement is $887). That includes all luxury hotel accommodations, full breakfast daily, four lunches and six dinners, airport transfers, all in-country flights, consultation with local experts, and guided tours of the cities and countryside. Plus you get the contacts, knowledge, and insight of some very successful investors in New Zealand.

When you consider the places you'll get to see, the people you'll get to know, and the profits you can make… I believe you'll find this tour to be a tremendous value. To sign on, click here, e-mail tours@internationalliving.com, or call (800) 926-6575.

Sincerely,

Barbara Perriello
Director, IL Discovery Tours

P.S. I guarantee: You'll have the time of your life on our New Zealand Expedition... you'll discover investments that could end up paying for the trip many times over… and you could quite possibly find the second home you've always dreamed of. Now is the right time to invest in this up-and-coming Pacific-island Paradise... before it's altogether discovered. To sign on, click here, e-mail tours@internationalliving.com, or call (800) 926-6575.