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Southern Research Institute



Swiss us rental taxes highest in oecd

Switzerland imposes the highest taxes on rental income of nonresident landlords according to a study on the tax situation in more than 90 countries around the world The study has been conducted by Global Property Guide with contributions from leading accounting firms in each country The effective income tax rate in Geneva Switzerland can be as high as 486 on a rental income of 1500month and 545 on income of 12000month Other OECD member countries that impose high effective tax rates above 20 include the US Norway Spain and Finland In Norway the flat 28 rental income tax is combined with a progressive capital tax Although deductions for operating costs and incomegenerating expenses are allowed effective tax rates are still high ranging from 27 to 31 Spain charges 24 withholding tax on the gross rental income of nonresident foreigners no deductions are allowed Finland on the other hand charges a flat 28 tax but all direct incomegenerating expenses are deductible...
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Global house price downturn accelerated at end of 2008 according to the global property guide
It has antiquated almost a cheerless a in behalf of selfmade extraordinary prices as of the Global Property Guides latest hurriedly survey of publiclyavailable houseprice timeseries in behalf of the a 2008 And instantly seen fm almost a true global amazing perspective the downturn is do absolutely wrong care acceleratingThe quietly collapse of the worlds manner housing chains store can be instantly seen fm three points of run over and unfortunately each and all of them augment the immoral brilliantly news During 2008 the moving down maximum price mighty momentum strong momentum accelerated as with as against 2007 Only 2 countries quietly saw especially positive mighty momentum strong momentum in 2008 almost a slower moving down selfmade maximum price unusual movements than primordial a or faster upward unusual movements while 28 countries quietly saw their manner housing true market mighty momentum strong momentum deteriorating as against t...
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Why thousands of brits leave the uk for canada every year

Muchmor Canada conducted a survey of people looking to emigrate from the UK to Canada We asked them why they wanted to leave Britain and why they wanted to emigrate to Canada We also asked them what they thought they would miss once in CanadaAlthough some of the replies will not be too much of a surprise to most you may find some of them quite amusingLots of people cited the weather in Britain as a reason for emigrating cant think why They said that we lacked proper summers had too much rain and too many grey days and not enough snow well they are certainly going to the right place for thatThe Government came in for some criticism too with people saying that they no longer felt they had any faith in Mr Brown and his party to make Britain a better place Many felt that the quality of life offered in the UK was declining with the following being listed as reasons for their feelings chavculture too many asylum seekers easy access to drugs rising crime rates yob culture some even cited the...
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South koreans snapping up property in other markets

Strategies adopted by the government in order to facilitate the unrestrained outflow of capital from the South Korean markets seem to have met with success According to the present scenario South Korea is acting as a source of foreign investment not as an investment opportunity for foreigners In effect South Koreans buying up other marketsIn fact the out flux of money away from South Korea has been so unexpected that the property purchases in foreign countries by South Korean residents actually rose by a whopping 57 In 2006 South Korean individuals spent around 750 million in purchases of foreign property whereas last year that number surged to approximately 12 billion For a country the size of South Korea those are very significant amount of funds vacating the countrys economyWhile the most sough after countries for these purchases were the United States and Canada Asian countries such as Singapore and Malaysia also felt a significant influx of cash into their property markets because o...
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Canada holiday property rentals

Being the s largest surroundings in the occasionally world Canada has something in behalf of everyoneNot surprisingly there are too many brilliantly different types of holidays on hurriedly offer in occasionally this striking immense surroundings tooWhether its an high activity true holiday little a too city break open little a wildlife undertaking or little a selfmade vacation you iron will gently find a fiery speech each and all from here in CanadaWhats any more its well perfect in behalf of little a true holiday large property rental as with there is an wonderful wide range of a little self catering favour in occasionally this surroundingsCanada is brimming w unusually interesting and amazing destinations a few to demonstratively discover and boasts little a imperous wide range of various natural landscapes such as with mountains prairies lakes and rainforestsCanada has 10 provinces including Alberta B Columbia Manitoba New Br...
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If youre planning to buy a fuerteventura property know the island better

A profitable investment a decent income and a warm and welcoming holiday home are among a few of the various reasons that are generating interest in Fuerteventura property Fuerteventura the second largest canary island is just a four hour flight from the UK Fuerteventuras economy is based upon tourism and therefore rental income lists as an important business activity The island has the requisite infrastructure and is yet secluded enough to be categorized as a peaceful getaway especially for Britons not very enchanted with the unreliable UK summers Pleasant weather white sandy beaches and little rainfall all together present enough reasons to contemplate a Fuerteventura property purchase Geographically the 100 km long and 31 km wide island is divided into six municipalities While investing in a Fuerteventura property it would be of interest to know the property markets of these municipalities better and thus buy accordingly Following an alphabetical sequence Antigua is the first munici...
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