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).
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.
For those planning to open a company or relocate to Cyprus, it is important to understand how the tax system works and what benefits it can provide.
In this article, we'll take a detailed look at what a green card is, the rights and responsibilities it provides, how to obtain one, and the pros and cons of permanent resident status.
