What’s the Best Passive Income in New Zealand?
Everyone loves earning money while they sleep – but what does passive income mean, and which options work here in New Zealand?
If you’ve been working long hours in your business or job, building up some savings, or looking for ways to diversify your income, you might wonder what the best passive income in New Zealand is for someone in your position.
What Counts as Passive Income?
Passive income is money you earn with little to no daily effort once it’s running. That doesn’t mean it’s effortless – most passive income options require time, money, or both to get started. But once established, they can add stability to your income or support your long-term financial goals.
Popular Passive Income Options in New Zealand
- Property investment: Still one of the most popular options, especially with long-term rentals. It requires a decent deposit and a willingness to handle (or outsource) management and maintenance.
- Dividend-paying shares: With the right portfolio, this can be a straightforward way to generate income. It requires some research or trusted advice, but is low-effort once set up.
- Online businesses: Selling digital products or affiliate marketing can generate income 24/7, but it usually takes upfront work (or outsourcing) to build.
- Peer-to-peer lending: Platforms like Squirrel allow you to earn interest from lending to others. It is riskier than traditional investments, but higher returns are possible.
- Owning systems that others use: If you’re a business owner, automating services or licensing intellectual property (like training material or software) can also be a form of passive income.
So, What’s the Best Passive Income in New Zealand?
The answer depends on your situation. Investing in shares or managed funds might suit if you’ve got cash but no time. If you’ve got a systemised business, you can monetise it further. If you’re just starting, digital income streams might be the most accessible.
There’s no one correct answer – but the best passive income is the one that fits your risk tolerance, resources, and long-term plans.
Want Help Thinking It Through?
If you’d like to talk through options for building additional income alongside your business or job, book a time to chat here.
NZ Business Coach – helping business owners across New Zealand make smart, sustainable decisions that support their future.
