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Blog posts September 2021

Deposits from a Hong Kong developer have been forced to be returned.

After regulators expressed concerns about the program, Cheung Kong Holding, the development business controlled by billionaire Li Ka-Shing, is repaying deposits to customers in a Hong Kong hotel project. hotel apartments

According to Bloomberg, all 360 hotel rooms in the Apex Horizon project wer…

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China's Property Is Threatened by Shadow Banking.

The impact of a sudden credit crunch, which threatens to shut up China's financial system, is a big threat to China's real estate industry, which has been pummeled by three years of austerity measures. hotel

The People's Bank of China, China's central bank, has been squeezing money out of circul…

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Caesars is pulling out of Macau.

Caesars Entertainment is selling its Macau golf course, implying that the corporation is abandoning its plans to grow into the lucrative Chinese resort. home

Caesars stated in a filing to the Securities Exchange Commission that a firm called Pearl Dynasty Investments Ltd. is buying the property …

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German law of inheritance

In the fifth book of Sections 1922 et seq of the German Civil Code (BGB), German law of inheritance says that, if no last will exists, a legal order shall apply on the basis of the system of "categories" and "clans," in which portions are reserved for certain statutory heirs. Depending on the marita…

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In French Polynesia, there is no general income tax system for individuals

All individual taxpayers are only liable to tax certain income sources. hotel apartments

French Polynesia has a tax haven character. Residents shall be treated for tax purposes in the same way as non-residents.

INCOME RENTAL
Transactions Tax (transaction tax);

Property rentals of any desc…

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Where to buy Ghana property

Publication by the research team of the Global Property Guide.

Ghana Properties

Ghana is one of the most interesting countries in West Africa with its mud mosques and slave castles, its capital and vast agricultural regions. Its 24 million people belong to more than 100 ethnic groups, but the …

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OakNorth Bank is offering GBP50m to support Brigid Investments to finance the UK retirement leasing portfolio of McCarthy Stone!

Brigid Investments, a special purpose vehicle formed by John Laing, and Macquarie Capital have received a GBP50 million loan from OakNorth Bank.

OakNorth Bank's capital will support the acquisition of some 250 newly constructed and fully-occupied pension units operated by McCarthy Stone, UK's dev…

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Finally, a decade-long tourism boom is over

According to the Icelandic Tourism Board, tourism arrivals in the first seven months of 2019 fallen 2.4 percent to 1,13 million from the same period last year, in sharp contrast to the average annual growth of 24 percent from 2013 to 2018. The sudden decrease in the number of tourism arrivals was ma…

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People move: Icelandic scheme names the new chairman of the supervisory board!

The fourth largest pension fund in Iceland Birta has appointed Pálmar Óli Magnússon, Hrönn Jónsdóttir's new chairman and Guzrún Elfa Hjörleifsdóttir, the new Vice-chairman of her supervisory board, replacing Magnússon. jobs

The Four Staff Representatives on its board are Hjörleifsdótti…

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