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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MIPIM international exhibition in Cannes postponed due to coronavirus
The organizers of the International commercial real estate exhibition decided to postpone the event to June. The international commercial real estate exhibition in Cannes, France, MIPIM has been postponed to…

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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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The boom in the real estate market in the Netherlands continues

Supply does not keep up with demand, and prices are rising, according to Global Property Guide.

Property prices in the Netherlands continue to rise, supported by record low interest rates, and supply is unable to meet high demand.

Housing on average rose by 6.5 % during 2019. For the fourth quarter of last year, prices increased by 4.2 %.

Real estate in the Netherlands has been steadily growing in price for several years: by 8.5 % in 2018, by 6.9 % in 2017, by 8.8% in 2016, by 4.5% in 2015 and by 2.7% in 2014. Continue reading

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, writes Mansion Global.

The Chancellor of the exchequer of the United Kingdom, Rishi Sunak, announced that from April 2021, an additional stamp duty of 2% will be introduced for foreign buyers of real estate.

Despite the fact that the amount of the fee was less than expected, the new tax may be an unfortunate step for the local real estate market, which has just begun to recover. 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 all countries of the world since March 23 due to the spread of the coronavirus, according to Rosaviatsia.

All flights to foreign countries are suspended, with the exception of flights from Moscow to the capitals or major cities of 146 countries. Continue reading

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…

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Investment in development projects: step-by-step guide
Investments in development projects abroad bring 7-12 % per annum. At the same time, the rental yield of real estate in Europe is 3-4 %, and the yield on Eurobonds…

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Named Spanish regions with the highest salaries
The average salary in the country is 1,695 euros per month before taxes, according to Idealista. Madrid and the Basque Country are the regions of Spain with the highest salaries,…

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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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