UK increases stamp duty for foreign property buyers
The stamp duty surcharge will begin to be collected from April 2021. This decision may lead to a temporary surge in the activity of foreign investors in the country's market,…

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Rating Agency S&P predicted a global recession
The world economy this year will be in recession for the first time since 2009, writes S&P Global Ratings. The rating Agency S&P Global Ratings released a report "global recession…

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France closes schools and universities due to coronavirus
The coronavirus epidemic is just beginning, warns Emmanuel macron. On the evening of Thursday, March 12, French President Emmanuel macron announced in a televised address to the nation that all…

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changes

Waiting for a recession: as the Russian ultrahindi saving money in real estate

The coronavirus pandemic, panic on world markets, quarantine, falling oil prices and the falling ruble have affected the real estate market.

The first to suffer were the hotel segment and retail-cafes, restaurants and shopping centers. Already, companies are cutting costs and staff; hotel operators are renegotiating with owners to reduce the price of rental contracts.

We assume that the first bankruptcy in the hotel segment will begin in two or three months. Continue reading

The world's financial markets collapsed
On March 12, stock markets experienced a record drop in quotations. The leading American indexes lost 9.5–10 %, European ones fell by 12-17 %, and Russian ones fell by 8.3-11…

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More than 5,000 foreign investors have been granted Turkish citizenship in two years
The decrease in the minimum investment required to obtain a country's passport has led to a boom in the Turkish real estate market, writes Daily Sabah. According to the Turkish…

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The foreign Ministry is finalizing lists of Russian tourists who want to return home
The Ministry of foreign Affairs of the Russian Federation announced that on March 26, at 14: 00 local time, it will finish forming lists of Russian citizens who need assistance…

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The number of countries transmitting information about tax residents to Russia has increased
The organization for economic cooperation and development (OECD) continues to fight tax evasion and illegal profit-withdrawal schemes. One of the methods is the automatic exchange of information about foreign accounts,…

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