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Tax benefits for millionaires in Switzerland will be abolished

The debate over taxes levied on the richest Swiss residents has been going on for years. Now foreign millionaires who live on the territory of this European state pay a fixed tax if their expenses amount to 330 thousand euros per year or more.

At the same time, only expenses are taken into account, and not the income of such persons. A referendum is scheduled to be held in Switzerland on November 30, the list of issues of which includes the abolition of such tax benefits. On the one hand, the state may lose a decent part of the replenishment of the budget, and on the other hand, the law of a fixed tax on foreigners is unfair to local wealthy citizens. For example, in Zurich, Schaffhausen and other Swiss cantons, tax benefits for the wealthiest category of residents have already been abolished. But in the whole state, this issue is still under consideration. A change in financial privileges may lead to a loss of interest in Switzerland as a whole among foreign moneybags, and therefore, this will negatively affect the country's economy. Swiss banks, by the way, have already lost the status of the most reliable in the world.

Reduction of housing prices in Israel in 2021

Over the past few years, there has been a rapid increase in real estate prices in the Israeli real estate market, which is why the markets began to gradually fade - the number of sales decreased every month.

In which regions are buying in Israel

Israel as an excellent real estate market for foreigners has been open for more than six years. Due to the rise in real estate prices in 2020, many, especially Russians - due to the abolition of the visa regime, are eager to invest in Israel's growing housing.

Housing prices in Israel 2020

The Real Estate Valuation Department of the Israeli Ministry of Justice provided the public with such information. In major cities: Jerusalem, Tel Aviv and others, the cost of housing continues to rise.

New housing in Jerusalem will be built

Good news for those who intend to buy an apartment in Jerusalem or find a good ground for investment! The Jerusalem Mayor's Office has approved the construction of more than five hundred new properties in the city.

Real estate growth in Israel on the outskirts

The incessant rise in housing prices in Israel in large cities leads to the fact that fewer and fewer people have the opportunity to purchase it. Therefore, the popularity of the real estate market of large Israeli cities is gradually falling. Especially after the coronavirus. People have no money left at all.

Alupka Crimea

Alupka is a small, but very attractive seaside town for foreign tourists. Being very close to other resort centers - Yalta, Simeiz, this city has found something to stand out, and therefore there are always many people who want to buy a house in Alupka.

How to buy a house in Yalta

How to buy a house in Yalta. Real estate prices in Crimea remain stable, and the purchasing power of citizens is falling - in light of this, it is a sin not to take advantage of the opportunity and not buy a house in Yalta - one of the most popular Crimean resort cities.

What to have fun in Alanya ?

It would seem a stupid question - what can you have fun in such a popular, fashionable and developed resort as Alanya? But many tourists who come here do not know half of the entire entertainment potential of the city, so it is worth briefly describing it.

A flea market was held in Mahmutlar

Surely everyone who has only recently been able to buy a house in Mahmutlar, there was a need to purchase a large number of things. The residents of the town have a great opportunity to help each other, sell unnecessary things and buy necessary things from neighbors! Booking a table for sales cost only 5 lire.

Alanya attractions

Turkish Alanya can rightfully claim to be the "sunniest" resort: the number of sunny days here is rarely less than three hundred. The climate in Alanya is warm, there is no sea hardness, cold winds.

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