These professional poker players will leave you green with envy. The way they live will leave you wondering if they have a spring that showers money on them.
International and offshore businessmen typically think over the fact whether you need to clarify the ‘origin’ of money to purchase real estate. Although this is not essential, all the conveyancing solicitors in the UK are required to comply with the requirements of the law on counteraction to legalisation (laundering) of funds obtained by criminal means. Continue reading “Buying Real Estate In The UK: The Questions & Answers”
The concept of leasehold is applicable to apartments and houses, a plot of land or an entire village ownership. But in this case, the term ‘ownership’ implies certain limitations. The concept of leasehold is similar to the concept of long-term lease. Legally, you will not be the owner. Continue reading “The nuances of leasehold and freehold”
The absolutely crucial taxes to consider when buying residential real estate are: inheritance tax, income tax and tax on capital gains. Before considering the peculiarities of payment of these taxes, we want to focus your attention on the basic nuances that make up the importance in determining tax liabilities. Continue reading “The tax system for residential property in England”