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,…

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Spanish villages are ready to pay for those who want to move
In Spain, several programs and initiatives have been launched in recent years to attract new residents to the country's villages. They can be offered a guaranteed job, a home, and…

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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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Iceland

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

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 of happiness in 156 countries around the world.

The rating is based on the analysis of indicators such as well-being, life expectancy, social support, freedom and the level of corruption. 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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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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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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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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