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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Investment in development projects: step-by-step guide
Investments in development projects abroad bring 7-12 % per annum. At the same time, the rental yield of real estate in Europe is 3-4 %, and the yield on Eurobonds…

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Rental rates in Athens rose to 30 % over the year and exceeded pre-crisis indicators
In several districts of Athens, rent has risen in price over the past year by 20-30 % and exceeded the figures recorded before the crisis, reports ekathimerini.com. A similar situation…

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investments

Russians became the second among foreigners in the number of residence permits in Spain received for investment

The share of Russians in the Golden visa program in Spain is close to 25 %. Russian citizens in terms of the number of residence permits received for investment are second only to the Chinese, writes Investment Migration Insider.

The Spanish residence permit program for investment in 2019 broke the record for the number of main applicants. According to the Spanish labor Ministry, the number of investors rose to 1,422 last year. While in 2018, 1,188 main applicants received the “Golden visa”. Continue reading

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 interior Ministry, 5,111 foreign investors have received the country’s passport since the citizenship-by-investment program fell four times in price. Almost 9,000 more applications are still under review, says interior Minister Suleyman Soylu. In addition, another 1,382 investors have completed the process, but have not yet received the documents, he added. Continue reading

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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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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The US Federal reserve lowered its base rate to almost zero
The us regulator is taking measures to protect the economy from the effects of coronavirus. The us Federal reserve, which serves as the country's Central Bank, cut its benchmark interest…

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Henley & Partners has identified the best residence permit and citizenship by investment programs in 2020
The consulting company Henley & Partners has published annual ratings of programs for obtaining a residence permit and citizenship through investment. Analysts reviewed the programs for obtaining a residence permit…

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