Investing from the bottom of the world.

New Zealand doesn't tax a child's investments the way Australia or the UK does. Most parents route the money the wrong way anyway.

A child with their own investment account and no other income can pay as little as 10.5% tax on it - lower than almost anyone reading this pays on their own money. Put the same money in a family trust instead, meaning to do the responsible thing, and it can get taxed at 39%.