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...
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,...
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...
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...
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...
The news agency GPG reports that after a 15-year period of continuous growth in residential and commercial property prices, Switzerland is experiencing an economic downturn for the first time. Thanks to the implementation of the government program this year, property values increased only in the second quarter and by only 0.61 percent, but in the...
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...
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...
The coronavirus has crippled all fields of the economy and even affected the premium real estate industry. The journal Mansion Global revealed that the next owner of a luxury mansion in Dubai will receive two cars and a motorcycle as a gift. Such a generous offer came from the owner of the house, Michael Alibhai,...
In 2019, foreigners showed great interest in Cypriot real estate. Of all the objects that were sold over the past year, more than 43.2% were bought by representatives of other states. The remaining 56.8% of transactions fell on residents. Paphos and Limassol – investor sites №1 According to statistics from the Land Registry Department, representatives...