August 2nd, 2007 by Ines
If you’re considering making an investment in overseas property or buying a holiday home in the sun you might like to consider Portugal; this article covers the four most popular reasons to buy property in Portugal right now.
Property in Portugal is universally attractive and desirable and at times like this when many of us are jetting off on our summer holidays wouldn’t it be lovely if we were flying to our own holiday home in the sun?
Over 200,000 Britons have already done it, they own property in Portugal and 200,000 is actually 11% of all Britons who own homes overseas…these are the four most popular reasons why Britons and other Northern Europeans consider property in Portugal:
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August 2nd, 2007 by Ines
After deciding to buy a home in Portugal, your first tasks will be to choose the region and what sort of home to buy.
If you’re unsure where and what to buy, the best decision is usually to rent for a period. The secret of successfully buying a home in Portugal (or anywhere else for that matter) is research, research and more research, preferably before you even set foot there.
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July 30th, 2007 by Ines
Netherlands is an environmentally conscious country with a pleasant atmosphere. You will find a mix of old and new architecture and an affinity to bicycle transport, enjoyed on mainly level terrain. Main language is Dutch with German, French and English also widely spoken.
Capital gains tax is charged at normal income tax levels and can be deferred if sale proceeds are reinvested in another similar Real Estate purchase. Property shareholding should not incur a chargeable gain.
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July 27th, 2007 by Ines
The purchase of real estate property in Germany is governed by mandatory law regulations which must be followed. In addition, other legal considerations must be taken into account when buying real estate. The following example can only highlight the manifold problems but provides the potential purchaser of real estate an initial overview of the law and the attendant risks:
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July 26th, 2007 by Ines
Corporate income tax
The standard corporate income tax rate in Belgium is 33.99%. Property holding companies are taxed on any rental income received after allowable expenses, including certain interest and depreciation. Straight-line depreciation rates of 3% and 5% per annum are generally accepted by the tax administration for commercial and industrial buildings respectively. Accelerated depreciation may be available to companies in respect of property they occupy.
Capital gains
Capital gains realised on the sale of Belgian property are taxed at the standard corporate tax rate of 33.99%. However, capital gains on the sale of shares in property owning companies are exempt from corporate income tax.
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July 26th, 2007 by Ines
City Travel Guide comes with real estate guide with several tips on home valuation, realtors comparison, secrets on finding the “right” home, loans guide and other helpful real estate advices. Our partners also maintain property for sale and rental listings, real estate laws and reviews. We will try to help you with buying property, choosing real estate agents, property finders, relocation help, and information for English speakers wanting to buy real estate.
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July 23rd, 2007 by Ines
For recreation, retirement, or investment, buying property abroad has never been more popular. Over a million British owners now have homes in another country. After France and Spain, Cyprus is a popular choice for British buyers looking for a place in the sun.
Packed with 20 years worth of research, Nigel Howarth has written a step by step guide to buying, renting and constructing a home in Cyprus based on his own experience.
To read the whole text, click here.
July 18th, 2007 by Ines
Following the First World War, the closely related Czechs and Slovaks of the former Austro-Hungarian Empire merged to form Czechoslovakia. During the interwar years, the new country’s leaders were frequently preoccupied with meeting the demands of other ethnic minorities within the republic, most notably the Sudeten Germans and the Ruthenians (Ukrainians). After World War II, a truncated Czechoslovakia fell within the Soviet sphere of influence.To read the whole text, click here.
July 18th, 2007 by Ines
A former British colony, Cyprus became independent in 1960 following years of resistance to British rule. Tensions between the Greek Cypriot majority and Turkish Cypriot minority came to a head in December 1963, when violence broke out in the capital of Nicosia. Despite the deployment of UN peacekeepers in 1964, sporadic intercommunal violence continued forcing most Turkish Cypriots into enclaves throughout the island.To read the whole text, click here.
July 18th, 2007 by Ines
In 1918 the Slovaks joined the closely related Czechs to form Czechoslovakia. Following the chaos of World War II, Czechoslovakia became a Communist nation within Soviet-ruled Eastern Europe. Soviet influence collapsed in 1989 and Czechoslovakia once more became free. The Slovaks and the Czechs agreed to separate peacefully on 1 January 1993. Slovakia joined both NATO and the EU in the spring of 2004.To read the whole text, click here.