Archive: December 2013

England Taxes Foreign Investors

The English real estate market has always been a hot topic of conversation for investors and the reasoning behind this is simple. Firstly, London is the undisputed queen of the most expensive cities for real estate investments.  In addition to this, the policies put into action by the government to impede the ever increasing prices of English properties renders the matter all the more intriguing. The last measure introduced was the scheme “Help to Buy” in order to assist first…

The Most Expensive Rental Rates in the World

One of the principal international real estate consultancy companies has recently compiled a classification for the properties with the highest rental rates in the world. The most expensive rental property on this list is the 830 meter high skyscraper  Burj Khalifa in Dubai. This never-ending skyscraper not only qualifies as the most expensive property to rent, it is also the tallest structure in the world. Leases in this luxurious building which houses prestigious hotels and some of the most internationally…

Petra Island: Angelina Jolie’s gift to Brad Pitt

Brad Pitt and Angelina Jolie’s relationship never fails to catch the attention of the media. This time around, the couple have caught the public’s attention for Angelina’s unique gesture for the celebration of Brad Pitt’s 50th Birthday coming up on December 18th. Angelina has purchased a heart shaped island for her husband’s special day. Petra island is a private island covering around 11 hectares, situated in the center of lake Mahopac at less than 50 miles north of New York…

Portugal Against the Crisis

In order to liven up the economy, at the beginning of 2013, the Portuguese government opted for a reform package with tax incentives for retired foreigners that decide to live in the country for more than 183 days a year, creating the “Golden Visa”, a new type of visa for non-EU citizens. The Golden Visa allows resident citizens outside of Europe that invest more than 500 million euro in real estate in Portugal to obtain European residency, meaning that they…

Research Reveals the Most Important Property Features for Americans

The American real estate network Coldwell Banker Previews  International, along with the prestigious research company Luxury Institute have carried out an interesting market study to investigate the outstanding features most desired in a property. The study was carried out by interviewing 300 Americans with an income of more than 250,000 dollars. The results of this study were quite surprising to say the least. In response to the question regarding which are the most important material or immaterial benefits for a…

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