Russia completely stops air traffic with other countries
Since March 27, flights abroad from Russian airports and in the opposite direction will stop. There will only be flights for the export of Russians from abroad according to the…

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Named countries with the fastest growth in real estate prices
Last year was a good year for the world's main housing markets. However, global uncertainty does not contribute to the continued boom in property prices, writes Global Property Guide. Real…

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Named cities where luxury real estate is getting more expensive the fastest
Knight Frank analysts in the annual report the Wealth Report 2020 calculated in which cities of the world luxury housing is becoming more expensive the fastest. Consulting company Knight Frank…

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epidemic

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, writes Mansion Global.

The Chancellor of the exchequer of the United Kingdom, Rishi Sunak, announced that from April 2021, an additional stamp duty of 2% will be introduced for foreign buyers of real estate.

Despite the fact that the amount of the fee was less than expected, the new tax may be an unfortunate step for the local real estate market, which has just begun to recover. Continue reading

Russia has restricted air traffic to all countries of the world
Only regular flights from Moscow to the capitals or major cities of foreign countries are maintained. Here is a full list of current flights. Russia has restricted air traffic to…

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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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Greece has become the world's strongest market for rising house prices
After nine years of falling house prices, the Greek market is growing strongly again thanks to measures to support it and improve economic conditions. The Greek property market was the…

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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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