Italy: new investor visa program
In December 2016, the Italian government presented a new program for obtaining a residence permit for investment. Acceptance of documents for a new visa is scheduled to begin in autumn…

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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…

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Feast on Olympus: investors are returning to Greece
In the summer of 2017, international rating agencies Standard & Poor’s, Moody’s and Fitch raised Greece’s credit ratings with a positive outlook. Analysts state: the country's economy is recovering from…

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occurred in the global economy

Commissions of real estate agents in different countries

Austria
In Austria, the commission in most cases is paid by the buyer, its size is 3% (including VAT 20% – 3.6%). The amount of remuneration is regulated by the Code of Acts for Real Estate Agents (Rechtsvorschrift für Standes- und Ausübungsregeln für Immobilienmakler), and the realtor does not have the right to demand more than what he should be. Continue reading

Parliamentary elections in the UK: how will the results affect the real estate market?

According to the results of the parliamentary elections in Great Britain, none of the parties won enough seats in the House of Commons for an absolute majority. The legislature of Scotland and Wales (Northern Ireland – the exception) independently determine the direction of housing policy in these regions. Tranio experts analyzed party manifestos to understand what investors should expect from local property markets. Continue reading

Property taxes in Germany
When buying, owning, renting and disposing of real estate in Germany, foreigners pay taxes at the same rates as residents of the country. Purchase After the conclusion of the transaction,…

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“Now it's the other way around”: investors choose Valencia after a referendum in Barcelona
On October 1, 2017, a referendum on independence was held in Catalonia, 90% of those who voted in favor of separating the region from Spain. Since then, uncertainty has reigned…

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Eurotour: where to rent a property is more profitable?
In 2016, the UN World Tourism Organization (UNWTO) recorded a new record: over the year, 1.235 billion international trips were made - 3.9% more than in 2015. Almost half of…

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