International companies invest in Greece
More and more companies with an international name and reputation are investing in Greece, writes Ekathimerini. The government of the country seeks to simplify the conduct of business and facilitate…

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The fed lowered its interest rate due to risks to the US economy
The regulator took emergency measures in connection with the spread of the coronavirus and the fall of markets. For the first time since the 2008 financial crisis, the rate decision…

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Brokers in the US sell homes during the pandemic
Online deals, masked realtors and keeping a social distance are how the American real estate market is adapting to new conditions, the Washington Post reports. American States have different approaches…

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residents

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, which Russia has been participating in since 2018. Tranio experts told about the news concerning persons holding foreign accounts.

In most cases, investments abroad involve the creation of foreign companies and opening accounts in foreign banks. Invoices may be required to purchase real estate or pay for utilities. Continue reading

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 free. This is reported by the publication 5minutes with reference to the government.

Tickets are no longer required for trains, trams, and buses in Luxembourg. However, we recommend that you have your identity documents with you. Continue reading

The Bank of Greece forecasts a stable situation in the real estate market
The impact of the pandemic on the domestic and global economy may affect the Greek real estate market in the short term. But as soon as the situation normalizes, demand…

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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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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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Montenegro approved the first applications for citizenship by investment
According to the press service of Henley & Partners, the first application was considered only three months. The government of Montenegro approved the applications of three investors for citizenship. The…

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