In 2020, due to the coronavirus pandemic, the relevance of programs for obtaining a residence permit has also increased. This is largely due to the fact that the previously obtained multi-entry visas practically do not work in conditions of global quarantine. No one can answer today when the borders open again. This makes third-country citizens...
Author: Efestio Real Estate Worldwide (Efestio Real Estate Worldwide)
Analysts predict a slowdown in property prices in Seoul
Contrary to the promises of South Korean President Moon Jayin and the efforts of the central government, property prices in Seoul have increased by 40% over the past 3 years. According to Real Estate 114, an analytical and news agency specializing in real estate, apartments in the South Korean capital will cost buyers an average...
The most attractive areas of Cyprus for property investments
Cyprus is the third largest island of the Mediterranean with total population of approximately 1 million. Amongst them, there are 30 to 50 thousand Russian-speaking permanent residents in the island. The island has earned the love of tourists and immigrants with its mild climate, its clean beaches with white sand and clear water, as well...
4 reasons for investments in Greece right now
1. Residence permit acquisition in Greece The acquisition of a residence permit within the EU is not an easy task, but each country has specific conditions, under which this procedure may be accelerated. The most attractive choice are investments in Greece, which allow the resolution of the immigration matter, as Greece is considered a very...
UK real estate will double in price by 2045
Experts are already talking about the fact that prices for residential real estate in the UK can rise by more than 2 times (51%) in 25 years. In 2045, the average cost of an apartment in London will be $ 1 million. Experts argue that if the residential real estate market in the country continues...
Which apartments are in high demand in Spain?
Saving is not a characteristic that the Spaniards, accustomed to living in a luxury style, can boast of. But in matters of real estate, they have to compromise their principles, since the cost of houses and apartments in the country is quite high. The Idealista portal analyzed the market situation and found out which housing...
Cyprus “freezes” the program for issuing “golden passports”
Since 2013 approximately 4 thousand investors have acquired a Cyprus Passport, which grants the right to live and work in any country of the European Union. In order for that to be possible, it was necessary to purchase residencies within the island amounting to 2 million euro and/or invest similar capitals in Cypriot businesses. In addition,...
Experts predict the growth of economies and life quality in Vietnam in late 2020
According to information provided by JLL Vietnam, in 2019 the value of real estate in Ho Chi Minh City increased compared to the average prices of the previous year: by 27.5% in the second quarter of 2019 by 25% in the third quarter of 2019 On average, the price of an apartment reaches $ 2...
A list of countries was published, where the number of the super-rich during the pandemic rose or fell sharply
Due to the pandemic, the number of the super-rich individuals has risen in some countries. Wealth-X published the eighth edition of the World Ultra Wealth Report, in which Russia showed unexpected results. Where do the super-rich live and how much money do they have The super-rich are people whose fortune exceeds $ 30 million. There...
Special conditions for foreign Pensioners in Greece
Tax ratio of 7% on all incomes Greece has established a new law which introduces an undivided tax ratio of 7% on the income of foreign pensioners who will transfer their tax residence in Greece. The undivided ratio will be applied on all foreign incomes, regardless of their form. In order to accomplish the above, you must...