The real estate tax in Dubai (transfer tariff from the Dubai Land Department) is 4% of the contracted value of the apartment. This amount is usually paid by the buyer, but sometimes the seller and buyer agree to split the fee and each pays 2%. In addition, when paying the tax, the buyer must pay an administrative fee of 540 dirhams (approximately $150 USD).
Portugal has approved a major citizenship law reform, significantly tightening the rules. Key changes include increased residency requirements (up to 10 years), mandatory language and culture tests, and stricter rules for children born to foreign parents.
Selling real estate abroad can result in the loss of your residence permit. Find out which countries allow you to maintain your status and how to avoid the risks.
A new draft law in Romania proposes a Residency by Investment program, granting non-EU citizens a renewable 5-year residence permit. The program requires a €400,000 minimum investment in bonds, real estate, funds, or shares.
