Golden visa in Spain
Golden Visa is an unofficial name for special government programs that provide foreigners with a residence permit or permanent residence for investment in the country's economy. Golden visa " is…

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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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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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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, well-known real estate firms are expanding their expansion, according to Forbes. Large companies have more resources for marketing and advertising, extensive offices, and valuable connections with landlords and developers.

Small companies are forced to merge with them to reduce costs. Sharing resources allows them to significantly reduce spending. The company’s share of the marketing team, office space and other expenses that would normally cause a small company to operate with minimal profit.

There are too many licensed real estate agents on the American market. There are 1.4 million licenses issued across the country, but only 5.5 million transactions are made per year. A huge number of real estate agents are not needed to meet the current demand, especially when 100 thousand brokers account for almost half of the transactions, writes Forbes.

The number of agents and brokerage companies in the US is beginning to decline, and this trend will continue, experts say. After all, brokers in large companies often work without a salary and earn only on commissions.

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…

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In Ireland, agents sell real estate online
Virtual views, live chats with brokers and electronic signature of documents are the new reality of the Irish real estate market, writes The Irish Times. Savills Ireland has launched a…

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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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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…

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