Gsidhu, my humble opinion
Hi Gsidhu
New Zealand is gorgeous. Bhai Saab wrote a great piece on NZ. I have worked with a lot of NZealanders over the years hence I know a little about NZ. I am in no way an expert on NZ.
The New Zealanders did say that the job situation is ok, but wages are lower than what they can get elsewhere. The majority of them go off to Australia, UK & Asia to look for higher paying jobs. The only area where you can possibly make a lot of money from is the Tourism industry. Competition is high though.
You will find a lot of older New Zealanders and British immigrants (retirees) in Christchurch & Geraldine (south NZ). I noted more Koreans & Indians in Auckland than anywhere else in NZ. A lot of the "kiwiana" souvenir shops (Shops selling all sorts of NZ souvenirs) are run mostly by koreans.
As for me, the only way to survive in NZ or Canada for that matter would be to start up my own small business. I am planning to sell asian food. I know that recession or not, people still need to eat so this is the path I am headed. Another reason why NZ appeals to me is the fact that you can get a better quality of life in terms of heading outdoors with your family, especially during the weekends. A trip from the North Island to the South Island is very cheap via commercial airlines. NZ has the most comprehensive and fun outdoor activities and they are literally at your doorstep. Every township in NZ has a lot of resources geared towards this. The weather is lovely.
In Canada, where my relatives live, they told me that they are stuck in the city and it is just too expensive to travel to the mountains. They told me to be realistic and not think that Canada is all about mountains and beauty. The issue is the price of car fuel is very high and Canada being so big, takes a lot of hours/ time to drive around in. So for their experience- they have been living in Canada for 20 years now- they said that weekends they have to stay put in Toronto. The only time they have the opportunity to go off to explore other parts of the country is for a limited time in summer. They have warned me about the bitterly cold winters, where it is just too cold to venture out to anywhere but to work and buying necessities. They warned me that I will be cooped indoors for hours at a time. Not a prospect that I am looking forward to honestly.
In my opinion, Canada is lovely for a visit but very difficult to live and work in. My own relatives are still struggling and always complaining about the taxes and the high costs of rent and food. They warned me not to get sick in Canada. My niece who contracted strep throat (a very painful throat infection) had to wait 9 hours before she got medical care. The long waiting times in hospitals are legendary. I would hate to have my child suffer just waiting in the hospital for hours to get proper medical care.
In NZ where I visited during the winter, people were out playing in the snow, doing extreme sports because the weather was very good. You can get a lot of days which are fine, sunny and clear during the winter. My daughter who had gotten ill during our trip to NZ had access to great medical care at a private clinic. I was in and out with her in less than an hour with antibiotics, the costs were reasonable. The doctor was an indian muslim who was very professional and thorough. I really have enjoyed my time in NZ and am now tempted to switch over my immigration plans to NZ. For me, that is plan B. NZ welcomes older immigrants very easily. So I will try Canada first, and if things don't work out in a year, I will be zipping to NZ. There are pros and cons in every country so it is up to us to find what is suitable for our situation.
For books on living and working in NZ, do check out the links below.
http://www.amazon.com/Live-Work-New-Zealand-Comprehensive/dp/1854583921/ref=sr_1_4?ie=UTF8&s=books&qid=1251421816&sr=8-4
http://www.amazon.com/Living-Working-New-Zealand-5th/dp/1905303769/ref=sr_1_1?ie=UTF8&s=books&qid=1251421711&sr=8-1
http://www.amazon.com/Living-Abroad-in-New-Zealand/dp/B002KUH7QS/ref=sr_1_2?ie=UTF8&s=books&qid=1251421769&sr=8-2
For books on living and working in Canada, do check out the links below
http://www.amazon.com/Living-Working-Canada-Third-Survival/dp/1901130401/ref=sr_1_1?ie=UTF8&s=books&qid=1251422097&sr=1-1
http://www.amazon.com/Live-Work-Canada-5th-Comprehensive/dp/1854584278/ref=sr_1_2?ie=UTF8&s=books&qid=1251422097&sr=1-2
http://www.amazon.com/Living-Working-Canada-4th-Survival/dp/1905303645/ref=sr_1_3?ie=UTF8&s=books&qid=1251422097&sr=1-3
Good luck