How the size of the capital and the behavior of owners of foreign accounts: the study of Tranio and Adam Smith
Russia joined the agreement on the automatic exchange of financial information (Multilateral Competent Authority Agreement, MCAA), and at the end of December 2017 the OECD published a list of countries that will begin the exchange this year. Based on the results of the last Tranio and Adam Smith Conferences survey, which was attended by 60 private banking specialists, Tranio analysts found out how the amount of capital and the behavior of foreign account holders are related. Continue reading
Property Maintenance in Greece
The maintenance of an apartment in Athens costs on average from 700 to 1.8 thousand euros, villas on the islands – from 1.5 to 15 thousand euros. The main items of expenditure are taxes and utilities.
Taxes
All property owners in Greece, including foreigners, pay an annual tax, which consists of two parts – the main and additional. Continue reading
Mortgage in Spain
When buying a property, it is not always possible to pay immediately, therefore, mortgage lending is often used in transactions. Another important plus of mortgage lending is the ability to significantly increase the area of purchased housing. Mortgage loan is more profitable and more convenient to get in the country where housing is purchased. In Spain, citizens and foreigners can apply for a loan. Continue reading
Property prices in Greece 2017–2018
Greece owns more than 6 thousand islands, but only on 227 of them people live. Rhodes, Lesbos, Corfu, Santorini and Mykonos are the most popular islands among wealthy property buyers.
The cost per square meter in Greece is lower than in most European countries: in many locations the price does not exceed 1 thousand euros. Another argument in favor of Greece is the possibility of obtaining a European residence permit when purchasing an object with a value of 250 thousand euros or more. Continue reading
Athenian Riviera: a place to live and invest
Athens Riviera called the southern suburbs of Athens, which occupy the coast of the Saronic Gulf from Piraeus to Cape Sounion. These include Paleo Faliro, Glyfada, Voula, Vuliagmeni and Varkiz. Beaches, marinas, luxury hotels, restaurants, boutiques and nightclubs – these areas are popular with both tourists and residents of the capital. Continue reading
