Four new real estate fund will be set up to develop commercial, tourism and residential projects Saudi Arabia has signed agreements and MoUs of more than 10 billion Saudi riyals ($2.66 billion) to set …
YOTEL announces first hotel in the Kingdom of Saudi Arabia will be in NEOM’s Oxagon
The first hotel property in Oxagon will be within the city’s Research and Innovation district, slated to open its doors in 2025 …
The top 3 cities in Turkey to buy a luxurious second home in the sun
If you’re considering investing in a second luxury home in Turkey in 2023 but are unsure where to start, then these three stunning cities are the top hotspots to look into.
Raging wild turkey terrorises neighbourhood attacking and injuring residents
Locals around Coon Rapids in Minnesota, US, have had to go out of their houses armed with brooms and sticks to protect themselves from a wild turkey that has occupied the streets …
Japan to explore relaxing ‘minpaku’ vacation rental rules
Japan: The Japanese government is considering relaxing the requirements for property management businesses operating ‘minpaku’ vacation rentals [i.e. private lodgings on platforms such as Airbnb] in a …
Pakistan paid USD 1.2 billion for imported cars in 6 months despite a total collapse of its finances
Pakistan is facing one of its worst economic crises ever, but that hasn’t stopped the car enthusiasts in the country to import high-end vehicles from around the world. According to a report, Pakistan …
Pakistan suffers power outage across all major cities
Pakistan has suffered power cuts across all major cities due to a fault in the national grid. Blackouts are being reported in large swathes of the country including Karachi, Quetta, Peshawar and …
How has luxury property buying evolved in India post the Covid-19 pandemic?
To state that residential real estate has undergone a paradigm shift over the last year feels like an understatement. Led by the change in perception, luxury homeownership is now recognized through a …
Establish an efficient property tax system
A tax on wealth is often discussed, but has proven hard to implement the world over. Instead, India must focus on building a progressive and effective property tax system …
Capital Gains Tax (Effective) in Timor-Leste compared to Asia
Timor-Leste: Capital gains taxes (%). In arriving at effective capital gains tax rates, the Global Property Guide makes the following assumptions: These assumptions are critical. In many countries a …