Now foreign home buyers will have to pay a 60 percent duty, the highest property-tax rate in the world. This $28 Million Waterfront Mansion in Connecticut Comes With a 1,200-Bottle Wine Cellar and …
Foreigners in Singapore Now Have to Pay the World’s Highest Property Tax
Moving to Singapore as a foreigner just got a lot more expensive. On Thursday, the city-state doubled its Additional Buyer’s Stamp Duty, Bloomberg reported. Now foreign home buyers will have to pay a …
More foreigners may rent instead of buy property in Singapore after doubling of additional buyer’s stamp duty
Some foreign high-net-worth individuals may rent first, apply for permanent residency, then buy a property to get lower additional buyer’s stamp duty rates, say observers.
Singapore’s Property Pushback Shows the Boom’s Downside
Being a global magnet is cool, but it can create local strains. This time it’s forced officials to rein in a surging real estate sector.
Azerbaijan Amends Procedure For Privatization Of State Property – Decree
President Ilham Aliyev signed a decree amending the Decree of the President of the Republic of Azerbaijan dated December 23, 2000, No. 432 “On additional measures related to the implementation of the …
Small farmers in limbo as Cambodia wavers on Tonle Sap conservation rules
Aastha Sethi KORK THLORK, Cambodia — Vorn Keo, perched on the edge of a green wooden boat, navigates through the flooded forest of Tonle Sap Lake and across the boundary into a designated conservation …
Sri Lanka’s inflation dips as IMF bailout kicks in
Cash-strapped Sri Lanka’s inflation eased to 35.3 percent, the lowest in a year, the statistics office said Friday as the country pressed ahead with austerity measures under an IMF bailout. Fuel and …
Sri Lanka trying to reduce overall debt by $17 billion, president says
Sri Lanka is trying to reduce its overall debt by $17 billion through restructuring, its president told the parliament on Wednesday as he sought support of opposition parties for a nearly $3 billion …
See How Elizabeth Arden’s Luxury Summer Estate Became A Retreat For ‘Recalibrated’ Veterans
When actor Gary Sinise and his foundation donated a smart home to veteran Travis Mills he had no idea it would start the ball rolling for what would become a destination for veterans with severe limb …
In Lebanon, Iran FM visits Israel border, extolls Hezbollah
Iran’s top diplomat visited Lebanon’s border with Israel on Friday where he expressed support for the Lebanese militant Hezbollah group in its struggle against their common enemy: Israel.