Luxembourg became the first country in the world with free public transport
Buses, trams and trains in the country are now free, and you don't need to buy a ticket. Luxembourg became the first country in the world to make public transport…

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New rules for foreign account holders
From 2020, it will be easier for Russian residents to receive income from real estate to their foreign accounts. Tranio lawyers explain what this means, how to submit reports to…

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World on lockdown: countries close borders and impose quarantines due to coronavirus
On Monday, March 16, several countries announced the closure of borders and the introduction of quarantines due to the spread of the coronavirus. Russia has closed the border with Belarus.…

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Istanbul

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 published the Prime International Residential Index, which ranks 100 cities in the world by the growth of prices for luxury real estate. According to the company’s estimates, in 2019, premium housing has risen in price by 2% worldwide. Continue reading

Spain has imposed a 15-day quarantine
The Spanish authorities followed the example of their Italian colleagues and introduced a nationwide quarantine. Spaniards should not leave their homes unless "absolutely necessary," the country's Prime Minister said in…

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Knight Frank named the most prosperous cities in the world
International consulting company Knight Frank has prepared a report City Wellbeing Index 2020. Analysts measured the quality of life in 40 cities around the world. Knight Frank experts have developed…

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In new York, large brokerage companies acquire smaller firms
Mergers and acquisitions are the most significant trend in the new York real estate market, writes Forbes. Amid the panic, big players are buying up small companies. In new York,…

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French businesses temporarily exempt from property payments
The French President introduced a delay in utility and rental payments for small businesses. The country's authorities are trying to support the economy in connection with the spread of the…

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