Overseas financial activity of Russian HWNIs — a Tranio and EY joint survey, 2019
An increasing number of Russian HNWIs (high-net-worth-individuals) are notifying Russia’s tax authorities about their foreign bank accounts and controlled foreign corporations (CFCs). This follows Russia’s adoption of the Common Reporting Standards (CRS) in 2016, which facilitates the automatic exchange of information regarding bank accounts between partner countries’ tax authorities in a bid to combat tax evasion.
Five main trends in international real estate
How are things going on the global real estate market? What future challenges does it face? International real estate plaftorm Tranio presents an overview of the main trends that investors can focus on today and for the next year.
Pick of the week: a farmhouse in Malta
In the southwest of the island, an ancient farmhouse surrounded by orange and lemon trees is up for sale.
Malta Residence and Visa Programme: an alternative to the Hungarian Residency Bond Program
Hungary stops accepting applications for its Residency Bond Program March, 31, 2017. An alternative for the investors is an equally favourable program introduced by the
International property buyers looking for «safe havens»
Sluggish economic growth, geopolitical strife and a spate of currency devaluations have seen increasing levels of capital flight from fragile states.
European limitations on foreign property purchases
In Europe, no law prohibits foreign citizens from buying property but certain countries have put limitations on this right.