Efestio - Blog

TOP 5 residence permit programs for real estate investments

  • 08.12.2020

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…

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The most attractive areas of Cyprus for property investments

  • 19.11.2020

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…

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4 reasons for investments in Greece right now

  • 16.11.2020

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…

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UK real estate will double in price by 2045

  • 13.11.2020

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…

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Which apartments are in high demand in Spain?

  • 02.11.2020

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…

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Cyprus “freezes” the program for issuing “golden passports”

  • 27.10.2020

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,…

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Experts predict the growth of economies and life quality in...

  • 22.10.2020

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…

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Special conditions for foreign Pensioners in Greece

  • 09.10.2020

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…

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Golden Visa in Greece. Statistics

  • 16.09.2020

«Golden Visa» in Greece is the most affordable in EE. Its issuance provides flexible requirements regarding the properties and the family members of the applicant, while the residence permit card is issues as soon as possible. More than 23 thousand foreign citizens have already obtained residence permit in the country through property transactions. The advantages of…

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Top places to buy a commercial property in Greece

  • 03.09.2020

Buying commercial real estate in Greece is a promising business. The tourism industry and the economy are developing. So, you should use these advantages and purchase commercial real estate at competitive prices. Over time, of course, it can be resold significantly more expensive. But it would be more logical to start using commercial real estate…

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The excitement in the French real estate market

  • 28.08.2020

More and more residents of Western Europe express a desire to buy property in France. There is a real boom in the national real estate market. 60% of potential buyers are either French or citizens of neighboring countries. This was reported by representatives of the consulting company Knight Frank, which conducted a corresponding study. Considering…

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Germans are ready to lease and sell real estate properties

  • 25.08.2020

German Company Civey, which specializes in polls, decided to research the attitude of property heirs in Germany regarding their assets. Newspaper Der Spiegel, one of the largest national publicists, mentions the following. The reason for conducting sociological research was the rapid rent increase, which was caused by the pandemic of corona virus. It was proven…

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Top places to buy a luxury property in Greece

  • 20.08.2020

The most expensive and elite real estate in Greece is located on islands in the Aegean and Ionian seas. Among the investors, luxury housing on the islands of Rhodes, Kerkyra, Lesbos, Santorini, Thassos, and Mykonos is popular. One of the reasons for the high cost of real estate on these islands is the limited area,…

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The demand for residential property in the UK has grown...

  • 10.08.2020

According to statistics published by the Knight Frank agency, consumer demand for residential property in the UK significantly increased recently. The indicators already exceed the number of offers on the market for the sale of private houses. The researchers confirmed that only for the penultimate week of July 2020, more potential buyers registered with the…

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Cyprus authorities want to make online rental property more...

  • 08.07.2020

Due to the increasing tourist attractiveness of Cyprus, housing demand is growing rapidly. Many tourists prefer to stay in an apartment, rather than in a hotel room while relaxing because it is more comfortable for them. In this connection, the authorities of the Republic of Cyprus intend to withdraw the property rental market from the…

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