Bushey Phil

  However, income tax is applicable to gains from the transfer of property received as gift or inheritance Some gains are tax-free, such as:  Properties for sale in Doha Gains from the sale of the primary residence of a taxpayer; Profits from the transfer of a summer cottage or a garden house owned by the taxpayer over 2 years. LAW INHERITANCE Thanks to Concordia's lawyers In Estonia, what inheritance laws apply? Heritage shall be governed by the law of the deceased's last country of residence. Estonian Heritage Law, the Private International Law Act (PIL) and the Civil Procedure Code are the rules governing heritage (CCP). The EIL currently applies until 31 December 2008, and a new Legislation on Heritage will apply from 1 January 2009. Foreign owners who are members of different religions, nationalities or non-Estonian foreigners shall not be treated differently in accordance with the law. The heritage shall be governed by the law of the deceased's las...

    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.  apartments Married couples are taxed separately, but residents are permitted to submit 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 ...

  Ecuador Properties What's a name for? Ecuador would know. Ecuador would know. The best-known product, the Panama hat, is not popularly recognized. Most people, of course, believe it comes from Panama. But Ecuador gets right where it is: it's the country with the equator, even though it crosses the broader territory of Brazil and Colombia — and the Democratic Republic of the Congo, Kenya and Indonesia. The association of the country with the line between north and south of the Earth is not only due to its name. In the 18th century, the Ecuador was measured by a French geodesic mission, which was to cut through northern Ecuador. The parish of San Antonio de Pichincha, where their measurements took place, now houses the most famous landmark in Ecuador. The Mitad del Mundo is an impressive stone monument marking 0° latitude. It's actually the center of the world.  villas in Doha Since the country of Ecuador did not exist at the time — the area under Spanish control was ...

  The company will be supported by a new social investment pilot, which will create more than 200 moving homes, announced Rough Sleeping and Housing Minister Eddie Hughes MP. For the three year pilot, which runs until 2024, GBP 15 million of state funds will be provided together with an additional GBP 15 million by Big Society Capital, an investor in social impact, to provide more than 200 moving homes to hard sleepers and homeless people.  qatar villa Big Society Capital is an independent financial institution that invests in a variety of housing programs for vulnerable people. The grant will finance the purchase of existing housing from the property market and make it available for the rent level of the local housing authority to make them affordable. Customized help will be provided by charities and social enterprises specialized in housing for vulnerable people to help residents maintain their tenancies, including addictions, education and support for their employm...

  According to Gerald Eve's latest newsletter in In Brief, London's multi-let industrial property returned over 20.5 percent in the twelve months to April2021, with UK distribution warehouses returning over 18 percent.  villa Total return on property continued to rally and reached 2.6% in April, the strongest since February 2018. The main driver was yield compression, with rents effectively stable at the level of All properties. All property's total returns were sustained by industrial property, with "frenetic" investment activity driving an average yield of as low as 4.17 percent for multi-let London. Retail continued to make steady gains, with total rolling quarterly returns up to 1.1%. This performance headline masks the two-speed sector, with the total return on retail warehouses improving every month in April to 2.9% and shopping centers and high-street revenues remaining constant respectively at around -4% and -2.5%, respectively. "The scale of to...

Brigid Investments, a special purpose vehicle formed by John Laing, and Macquarie Capital have received a GBP50 million loan from OakNorth Bank.  villa OakNorth Bank's capital will support the acquisition of some 250 newly constructed and fully-occupied pension units operated by McCarthy Stone, UK's development and retirement community manager. The unit in the UK is divided into two types: the Retirement Living: apartments specially designed for over 60s and equipped for the communal lounges and guest suites supporting the association and the Retirement Living PLUS: apartments over 70s designed to have additional facilities, such as restaurants, flexible onsite services and support packages for those in need. Brigid Investments will also be able to develop an advanced, scalable platform, in partnership with McCarthy Stone, to finance an additional 400 rental pension schemes over the next 12 months. Brigid Investments CEO Richard Williams says: "We are pleased to pa...

  An international rating agency report from Moody's warns that the Spanish government's policies to protect non-payers and eviction squatters will deter investment in housing.  qatar villa Housing is always a sensitive topic, but it's a mining field in Spain today. For the beginning, this was the focus of a political battle between the Left's governmental parties, the hard left pursuing populist policies to invalidate property rights, and the moderate left attempting to strike a balance between ownership rights and the constitutional right to 'dignified housing' for everyone. The Covid pandemic has worsened the situation and led to new and often changing legislation which undermines the rights of property increasingly. The most recent change protects squatters from expulsion if they are 'vulnerable,' as all can claim. Extortion rackets from squatter mafias are especially good to exploit this condition. The Moody's international rating agency h...

  Barcelona is launching a property data site that is useful for anybody on the market. The Municipal Council of Barcelona has recently launched a web site which provides information on the market of the city, produced by the Municipal Data Office, and which does not provide market metrics anywhere else. To my best knowledge this is the first initiative of this kind in Spain and can even be seen in English (select English, which is Catalan).  apartment for sale in pearl qatar The goal of the website is to "give a basic insight into recorded real estate sales and reflect dynamics of the market in terms of operations, prices and locations within the city of Barcelona." According to the site, the data are "based upon notarized records of the buying and selling of property in Barcelona." The page 'The latest indicators' gives you an overview of the last quarter of 2020 market and its progress since 2012. It gives you a good market picture. The data fil...

The British owner of an estate in Sitges pays extortion money for squatters to demonstrate how efficient Spain's squatter extortion model is.  villa Last week I reported a squatter band in Sitges holding the British owner's property for ransom. The owner has since surrendered to the extortion and paid ransom money for the squatters. They left the property in good form, but took with them many of the owners of the property. Once the authorities have become apparent that they will no longer be helpful, the owner has hired one of the anti-okupa companies specialized in paying squatters by squatter activists and supporters. The anti-okupa company negotiated with the Moroccan squatters, who were a gang in this case. Anti-okupa firms are staffed by heavy muscles and lawyers. The squatters started asking for €5,000 and tried to show that they wouldn't be intimidated to leave. There were heated discussions and the squatters even called the police on one occasion to help them. At th...