Costa Blanca is a region on the southeastern coast of Spain, located in the province of Alicante and extending for 240 kilometers along the Mediterranean Sea. It got its name because of the sand color on the coast: from the Spanish “costa blanca” it means “white coast”.
Costa Blanca is the most popular tourist region in Spain by maxxyustas / Depositphotos
Many foreigners acquire real estate here: they live on the Costa Blanca for several months a year, and the rest of the time they rent the purchased houses to tourists. Continue reading
Russian “Haynets” are adapting to new orders: the results of a joint survey of Tranio and Adam Smith Conferences
For the first time in history, more than 50% of wealthy Russians began to notify Russian tax authorities of their accounts in foreign banks and controlled foreign companies. This assessment was given by survey participants conducted by Tranio in conjunction with Adam Smith Conferences in 2018. For the third year in a row, the survey is conducted among private banking specialists, lawyers, and tax consultants working with large capital owners. Continue reading
The volume of transactions in 2018 increased by 5%, but in 2019 it will return to the level of 2017
The volume of transactions with commercial real estate concluded in 2017 amounted to 698 billion dollars. According to JLL, the amount of investment in the global real estate market in the first three quarters of 2018 increased year-on-year by 7% to 507 billion, and the total amount for the year according to preliminary estimates, it should have reached $ 730 billion. However, in 2019, experts predict a slight decline in investor activity: their investments in real estate will be reduced to $ 700 billion. Continue reading