Portugal: from its launch
Non-traditional effect: how does the LGBT community affect the value of real estate?
Where to look for real estate, which will definitely rise in price in 10–20 years? There are dozens of theories by which analysts are trying to predict price increases in different locations around the world. One of the most discussed ideas is how the concentration of representatives of the gay community among its residents influences the cost per square meter in urban areas. Editorial Tranio tried to understand the history of non-traditional issue. Continue reading
UK will open the owners of real estate, decorated on offshore
On July 23, the Parliament of Great Britain introduced a new draft law on the creation of a public registry in which foreign companies owning real estate in the country would have to disclose the names of their final beneficiaries. Those who hide this information or enter false information in the register will face fines and imprisonment up to 5 years for nominal ownership of real estate for the purpose of money laundering. If the law is adopted, the register of foreign companies will begin to operate by 2021. The UK will be the first country in the world to create such a tool. Continue reading
Carte Blanche for Investors: Golden Visas in Southern Europe
In 2008, a financial crisis began in Europe. The problems in the economy affected the state of local real estate markets: the volume of investments decreased, real estate prices fell by 20–40%. In order to stimulate capital inflows from abroad, some countries in southern Europe have launched “golden visa” programs: Greece, Spain, Cyprus, and Portugal have started to issue residence permits to foreign investors in exchange for investments in their country’s economy. Malta, where such a program has been operating since 1988, has made conditions for investors more flexible. Continue reading