Mercury Group CEO Irina Alazova talks about some points that are worth paying attention to when purchasing real estate for subsequent sale:
In the world today, many people are wondering about the possibility of obtaining a second citizenship or residence permit (RP) in another country. This may be driven by a desire for new opportunities, a better quality of life, or even political instability in one's home country. However, whatever your motivation, it is important to know that the process of obtaining a second citizenship or residence permit requires certain knowledge and effort. In this article we will look at the basic steps and features that can help you in this matter.
According to Dubai's Department of Land Registries and Real Estate (DLD), sales of under-construction housing this year exceeded sales of completed housing by 14%. This suggests that the demand for such projects continues to grow.
Consulting company IWG has released a rating of ideal cities for workcation. According to the study, the best city for remote work and combining leisure with work (workcation) is Barcelona, Spanish, which ideally combines such important qualities as the development of infrastructure and broadband Internet, food and drink prices, affordable housing, cultural entertainment and climate. The top 5 of the IWG ranking also included Toronto, Beijing, Milan and New York.
The UAE, known for its favorable business environment, has made significant changes to its tax system. On June 1, 2023, the law on income tax for companies came into force, which replaced the previously existing "zero" tax on income and income.