The other aspect of NZ repair/restoration is that their CAA is the most sensible and practical regulatory authority I've ever heard of. I have been involved with 2 aircraft restorations and importations from there, and I was extremely impressed. The NZ CAA seems to protect the public without endangering the industry -- and that is quite an accomplishment.
So, a Gipsy overhauled there will have an Approval which will be recognized in any ICAO country, but you, the owner, will not have to pay for unfortunate rulings that have their source in people who are only familiar with Cessna and Pipers and have no knowledge of vintage aircraft technologies.
For example, the pedestals that support the middle Gipsy crankshaft bearings were often rough-cast during WWII. There are unsmoothed surfaces and some shallow cracks. They don't fail in use, period. But if you send them to a modern engine overhauler, they NDT them and send them back, saying they are out of tolerance -- and quote regulatory standards. Pure nonsense, because the parts are overbuilt, but judging an apple by the standards of a melon leads to expensive solutions.
Anyway, I love the NZ CAA.
Look at this video -- firing machine guns from a P-40 at an airshow for Pete's sake -- Kiwis are great.
https://www.youtube.com/watch?v=oO3gE7VA0Hs