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Showing posts from November, 2022

Where to buy Ghana property

Publication by the research team of the Global Property Guide. Ghana Properties Ghana is one of the most interesting countries in West Africa with its mud mosques and slave castles, its capital and vast agricultural regions. Its 24 million people belong to more than 100 ethnic groups, but the conflicts between them are relatively low.  in qatar Ghana is one of Africa's most successful countries and one of the continent's highest per capita GDPs. It is ready for further economic growth as oil reserves have recently been discovered in its offshore territory. Nevertheless, over a quarter of Ghanaians are still living under the poverty line. Agriculture is the main industry in the country, with precious metals and minerals being mined in close proximity. Ghana is sub-Saharan, a few degrees north of the equator. The prime meridian is reduced to a part of the Eastern Hemisphere, which is part of the Western Hemisphere. The country is warm all year round, especially in March and April...

The legacy law of the deceased's nationality applies in Germany.

 INHERITANCE TAX How high are German heritage taxes? Heritage tax is levied on transfers after death of property or assets. The beneficiary pays this duty. Applicable legacy tax rates vary according to the beneficiary's relationship to the deceased. Three relevant relationship classes and exemptions apply: Beneficiary categories: Class I: spouses and civil partners, children and step-children, parents, grandparents. Class II: brothers (brothers), children (nephews, nieces), step-parents, parents-in-law, brothers-in-law, sisters-in-law, divorced marriages Class III: all other persons Property transfer is subject to legacy tax at graduated rates based on the value of the property and the family relationship classes (see below). LAW INHERITANCE Thanks to Martínez-Oliver Echevarría's Braun, Perez and Ferrero In Germany, what inheritance laws apply? In German international law, the applicable law is the nationality, subject to the following exceptions, of the deceased when he or she...

Estonians are taxed on their global income

One becomes an Estonian resident if (1) one has a place of residence; or (2) one has 183 days or more in Estonia for a period of 12 months.  homes Married couples are taxed separately, but residents are allowed to file joint tax returns. Children are taxed individually. In Estonia, residents of other EU members who received from Estonian sources at least 75% of their taxable income for the year must file an income tax return. TAX INCOME The following income taxes are collected: (1) employment income, (2) business income, (3) property disposal income, and (4) other sources of income. Taxable income is calculated separately and then aggregated for each category. Revenues are taxed at a flat rate of 21%. In some cases, income tax is levied at a flat rate of 10%. In 2015, the income tax rate will be reduced to 20%. The basic annual personal benefit is €6,000. INCOME RENTAL Lease income is generally declared as corporate income. Taxable rental income is calculated simply as rental incom...

Mhome Group Built 90sqm Display Home Prefabricated in only 33 hours!

  Once again the leading Chinese developer of immobilization with headquarters in Wuhan made a breakthrough in the prefabricated construction industry by completing its principal structure in only 33 hours from its first prefabricated display. A prime example of how the Composite Shear Wall System, the intelligently fully automated manufacturing line and the integrated cloud management platform of the Mhome Group come together to fill a gap in the quality construction and installation of low-capacity domestic prefabricated buildings is the latest development achievement.  qatar real estate The most recent project of Mhome Group is the first prefabricated display building of its kind in the province of Hubei and includes a construction area of 90 square meters. The house was built using the composite shear wall system of Mhome Group that ensures that cumulative deformation errors can be controlled with a high degree of precision, both horizontal and vertical errors within thr...

Skanska has been chosen by Citycon to construct four residential towers as part of the Lippulaiva urban development project!

  As part of the Lippulaiva urban development project, Citycon has signed an agreement with construction company Skanska to build four residential towers. This is in line with Citycon's urban hub development strategy. Citycon is increasingly focusing on mixed-use projects that include residences, offices, retail, and a variety of service offerings all linked to transportation . real estate qatar In the north-western extremity of Lippulaiva, above the bus terminal, four residential towers of 4-14 floors and 275 apartments will be developed. The residential towers will be completed between the end of 2022 and the beginning of 2023, with construction starting in the spring of 2021. This is a significant step forward in Citycon's efforts to expand its residential business. On the site, eight residential towers will be constructed, with a total of 550 new apartments. On December 2, a preliminary agreement was made with the construction company Hausia for the sale of residential...

Winning the European Property Award from Viennese Baar-Baarenfels Architects!

  For its project "House for Petroleum Engineer," Baar-Baarenfels Architects from Vienna have been awarded the European property award this year. The architects renovated a Baroque building in the vicinity of Vienna, adding a state of the art extension.  qatar property Baar-Baarenfels Architects from Vienna received the European Property Award this year. On the evening of 11 December 2020 a symbolic award ceremony was held in London. The Viennese architect Johannes Baar-Baarenfels accepted the award through the video conference for his project "House for Petroleum Engineer." The internationally renowned real estate award recognizes companies from all sectors of the immobilization industry's highest achievements. This year, the prize was awarded for the 27th time. "My team and I are greatly honored to represent Austria in this project internationally," said Johannes Baar-Baarenfels. Modernity meets Baroque Baar-Baarenfels renovated and extended ...

Contradictory figures for domestic sales in August help to turbulently muddy the market.

  Spanish home sales went up and down in August, the Spanish press reports. As is common, the reporting mixes different data sets and makes the public confused about the direction of the market. In recent days, the Spanish press reported that domestic sales rose by 6.8 percent in August and decreased by 12.6 percent, as shown on the example above. It can't have done both now, obviously. Two different data sets are mixed in headlines that overlook the difference between them and send mixed messages that are confusing the public. This careless reporting disturbs the waters and makes them look even less transparent than they actually are in the Spanish property market.  qatar real estate The two main sources of official data, 1) the Association of Spanish Notaries based on their monthly sales and 2) the Institute of National Statistics (INE) based on the country registers sales by the Association of Spanish State Registrars, are the main sources of official data. I explain th...

6 Spanish residency permit advantages!

  On 31 January 2020 the United Kingdom officially left the Union and the Brexit transition period ends on 31 December 2020.  real estate qatar Following the last month's article (Spanish Residency Authorisation: Time is running out!), we are now up to the last day for British citizens to take advantage of all the advantages that the transition period has to offer when applying for a Spanish residency. We strongly advise all UK nationals now, before the end of the year, if possible, to apply for residence permits. By 2021, the requirements for the application will be much harder, and many will no longer be eligible. To make matters more complicated, it would seem that the U.K. authorities are heading for a no-deal Brexit, which would put even more pressure on you to get this done and done whilst you can. Immigration authorities have strengthened the requirements for a new change from November on the Spanish side, which now categorically requires the applicants to prove the...

The SPI House Price Index Tracker shows in one chart the six most observed Spanish house price rates (above).

  The six indices are updated and reported at different times, as often as they do not send contradictory market direction messages to the public.  qatar property Some are published monthly, some quarterly, and some lag by several months when published. Some of them are based on valuations, some on price requests and some on unpublished sales prices. All of them are mixed and in the press they are reported as 'house prices' with little context or nuance. Personally, I don't think any of them are especially helpful for understanding market prices, but they give us a sense of the overall direction of the price trend. If you go back and see the diagram, you get the picture. Whatever index you look at, the trend was already down in 2019, and the decrease became steeper in the year 2020. Taking into consideration their limitations, in the fourth quarter of 2020 the following residential price indices have been updated (all figures show the latest percentage change from y...