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 even thousands of euros in cash. This is how municipalities fight depopulation. After all, many Spanish villages were deserted, and even Ghost towns appeared in the country.
Ponga, located in Asturias in the North of the country, was one of the villages trying to make up for the lack of inhabitants. Continue reading
How does the EB-5 program work?
A foreign investor can get a residence permit (green card) for an investment of $ 900 thousand in a new commercial project in the United States. Together with the investor, the residence permit will be issued to his family members: spouses and children under the age of 21 who are not married.
The EB-5 program was introduced by Congress in 1990 to stimulate the US economy: attracted investment creates jobs for US citizens. Continue reading
From 2020, it will be easier for Russian residents to receive income from real estate to their foreign accounts. Tranio lawyers explain what this means, how to submit reports to the tax service under the new rules, and what to do for owners of foreign accounts.
From the first of January 2020, under the new rules on currency transactions, it does not matter in which country the property is located, and in which country the account is opened. The most important thing is that the account is in a “transparent” country: a member of the EEU or in a country with which Russia has an automatic exchange of financial information. Continue reading