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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Us exchanges experienced the largest drop since 1987
Us stock exchanges closed on March 16 with a record fall for the second time in a week, CNN reports. This is the largest drop in 33 years since "black…

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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…

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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

The UN has published a rating of the world's happiest countries
Russia lost to Tajikistan and Moldova in the world ranking of happy countries. The UN presented the annual global ranking of happy countries World Happiness Report. It assesses the level…

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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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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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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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