
From January 1, 2018, foreign tourists who stay in Greece for more than a day are obliged to pay a “stayover tax”, the amount of which depends on the category of the hotel or apartment they stay in.

The low VAT regime on 27 Greek islands ceased on January 1, 2018. How will this affect

Independent participation in property redevelopment requires a large budget and business experience in the local market. However, mezzanine loans are making this more accessible to a broader audience.

The 2008 financial crisis hit

In late December, the Organisation for Economic Cooperation and Development (OECD) published a list of countries that would share financial information with Russia in 2018. Tranio analysed how the size of capital and behaviour of foreign account holders are related.

On January 1, 2018, Russia started determining the low interest benefit under new rules, lifting the personal income tax previously levied on foreign bank loans.

In 2017, Tranio conducted a survey among property agents and representatives of realtors operating in Germany to understand the characteristics of investors from Russia and other CIS countries who bought German commercial property of above €1 million.

What is better: mezzanine or equity financing? Tranio explains the benefits and drawbacks of the two Value Added investment strategies.

The Czech

Since the Multilateral Competent Authority Agreement (MCAA) came into effect, the UnitedvStates has been referred to as "the new Switzerland" as the country does not disclose information on foreign accounts in the country.

Tax volume and amortisation deductions depend on whether a transaction was registered as a property or company purchase.
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There is a three-tier tax system in Switzerland: federal, cantonal and communal (municipal). Each of the 26 cantons has its own tax legislation and each of the 2,800 communes sets its own communal tax rate.

The tax regime in the Czech Republic is more favourable than in most other European countries. In particular, it has one of the lowest income tax rates in the EU.
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Income and corporate taxes in Finland are relatively high. The annual real estate tax rate depends on whether the owner has their permanent residence in Finland.
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Taxes in the USA are among the highest in the world. Prior to purchasing real estate, buyers should seek advice from a tax expert who can recommend the best way to register property and minimize tax burden.