Renting your property is a win-win situation
By: Tony Van Aken During 2012, Portugal has been a major destination for holiday homes rentals. Even during the economic crisis, the results in this country have been very good,
All eyes on the US fiscal cliff
By Bill Blevins No sooner was the US Presidential election done and dusted than attention turned to the looming “fiscal cliff”. Over in the US it is big news, with
Taxman Obtains List Of Jersey Bank Accounts
By Bill Blevins Information on over 8,000 HSBC Jersey clients has been leaked to the tax authorities. Half of the names on the list are UK residents, while the rest
More than 735,000 empty houses
There are currently more than 735,000 empty domestic properties all over Portugal. Overbuilding and the economic crisis intensified the situation, and several housing development projects, while totally finished and habitable,
HMRC ignores plea to reinstate Guernsey QROPS
by Paul Beckwith HM Revenue & Customs has blocked moves by Guernsey QROPS providers to reinstate pensions for retirement savers who do not live on the island. QROPS is short
Location, Location – It’s all about location!
A key feature of the conversations we have with prospective buyers at the moment is about ‘getting a good deal’. There’s been a lot of hype in the overseas media
Retirement and Savings – The Facts on Inflation
by Raoul Ruiz Martinez With all of the usual contradictory measures and quotes coming out of the financial press, one in particular reminds us of the peculiar circumstances that face
UK Taxman Looking At Overseas Property
by Bill Blevins The UK tax authority HM Revenue & Customs has issued another warning against hiding assets offshore, and this includes overseas property. Many British residents own property in
EC pressures UK to change ‘discriminatory’ IHT law
by Paul Beckwith The European Commission is putting pressure on the UK to review “discriminatory” rules which mean that transfers between domiciled and non-domiciled spouses are subject to inheritance tax.
Usufruto (tenancy rights) and Portuguese nominee company
by Dennis Swing Greene Most investors, when buying property, are looking to build their net wealth, enjoy retirement and pass their assets on to the next generation. Many want to