The world's financial markets collapsed
On March 12, stock markets experienced a record drop in quotations. The leading American indexes lost 9.5–10 %, European ones fell by 12-17 %, and Russian ones fell by 8.3-11…

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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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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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estate

Foreign investment in real estate in Greece has become a record

Sales of Greek real estate to foreigners soared by almost 30 % over the year and reached a record level in 2019 — 1.45 billion euros, writes Ekathimerini.

According to the Bank of Greece, in 2019, foreigners purchased real estate in the country for a total of 1.45 billion euros. This is 29.4% higher than the previous year-1.13 billion euros.

Real estate accounted for 35 % of foreign direct investment in the Greek economy, which amounted to 4.2 billion euros, according to Ekathimerini. Continue reading

Abu Dhabi to build 28,000 homes and apartments by 2023

The interest of foreigners in the capital of the UAE will grow thanks to” Golden visas ” and the ability to buy real estate in full ownership, according to the consulting company CBRE.

According to CBRE, from 2020 to 2023, another 28,000 objects will appear on the Abu Dhabi market, in addition to the existing 258,000, writes Arabian Business. The government’s initiatives are designed to boost the Abu Dhabi real estate market this year, according to a consulting company.

Analysts are confident that interest in the capital of the UAE will grow due to changes in the law, according to which foreigners will be able to buy property in full ownership in 15 investment zones of the country. Continue reading

International hotel investment forum IHIF in Berlin postponed due to coronavirus

The IHIF forum, which was scheduled to take place next week in the German capital, has been moved to may 2020, according to event organizers.

Organizers Of the international hotel investment forum IHIF announced today that the event was postponed to 4-6 may 2020 due to concerns about the coronavirus outbreak.

The world’s largest and most influential investment event in the hospitality industry was to be held next week-March 2-4, 2020 in Berlin. 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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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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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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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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