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Some experts say that Maltese property can be referred to as a solid investment, and its types give the best ROI. It’s economy is one of the Europe’s fastest growing. It faced rather quick economic growth in 2014 and 2015. It showed as almost about 8% of annual growth till 2016. However, this growth slowed a little bit (to 5%) in 2016.
This is true according the figures from the Central Bank of Malta (CBM) which is now promoting price stability in euro area while actively participating in the preparation and decision-making process of the Eurosystem’s monetary policy.
Malta’s economic state Malta’s recent economic growth surpassed experts’ projection of 4% as its economy had expanded by 3.2% (GDP growth rate) on an annual basis from 2005-2008, then contracted in 2009 by 2.4% and bounced back in 2010, when the GDP growth rate was 3.5%, then in 2011 – it was 1.8%, in 2012 – it was 2.8%, in 2013 – it was 4.5%, and in 2014 – it was 2% as the country’s fiscal deficit narrowed to around 1.4% of GDP in 2015.
The data which can be found about Maltese property market shows that real estate prices surged almost by 14% during the last quarter of 2016. Property prices rose by 7.24% during the fourth quarter of the last year (2016).
Malta labor market Country’s labor market also reflects its economic state as well as its government’s efforts to boost national economy by raising labor market participation. Country’s employment rate in 2016 rose to 66.1% from 63.9% as it was last year. Unemployment rate was very low, about 4.1%. Annual inflation rate in February 2017 was merely low 1.2%.
Real estate market prices by property types In such a way house price rises were experienced by all property types. For example, apartments had a double increase in price during the last quarter of 2016. They were up by 14.99%. Terrace houses experienced price surge of 13.33% the same year. Townhouses, villas and houses of character had not so large price growth of around 1.96% in 2016.
However, the highest price growth was experienced by marionettes which pieces rose by almost 21% over the same year. This was stated by the Individual Investor Program introduced by the government in the frames of its November 2013 budget.
Observations of Malta’s real estate market According to words of RE/MAX Malta’s managing director Kevin Buttigieg, country’s real estate market is quite buoyant, despite the high prices there are all sorts of purchases being made on a daily basis: commercial investments, direct foreign investments, property investments during allocation of residency permits in the framework of IIP Citizenship Scheme etc.
However, there are still many restrictions on real estate ownership in Malta as EU citizens and foreign nationals can usually buy only one property in the country (several in specially designated areas like Chambray, Cottoenra, Manoel Island, Portomaso and Tigne Point).
Maltese real estate market’s past experiences There was a strong growth in 2000-2007 witnessed by the experts as well as by non-professionals in the Maltese property market. The overall house price index rose by 78.9% while there was also a price increase observed of terraced houses – 105.3%, maisonettes – 81.4%, apartments – 83.3%, townhouses and villas – 71.9%.
House prices continued to rise from 2005 till 2007. In 2008 the country was under the influence of global financial crisis of 2008 as it is dependent on tourism and foreign trade. A 2.13% contraction was experienced in 2009 by the country. After the recovery of 2011, real estate prices fell by 2.2% in 2012. This period was followed by Maltese government launching new property-related measures. The prices continued to grow also in the 2014-2016.
Factors influencing property price growth This program targets high net worth individuals. There were several reasons for housing demand such as growth in disposable income, increased number of foreign workers in Malta and low interest rate, leading to higher lending for house purchases.
Malta’s 2017 property bubble However, country’s 2017 budget has rather favorable opportunities to potential property buyers by providing a subsidy of 100,000 euros on expenses related to of immovable property restoration which is located within an Urban Conservation Area. A tax rate of 7% was also imposed on the value of all inherited property transfers by means of a judicial sale by auction.
The lending rate on new mortgages was at 2.77% in January 2017 (before joining the Euro in January 2008, country’s mortgage borrowing rates were from 4-5% and above), housing lending rates surged to 3%. March 2016 Global Property Guide research showed that country’s rental yields are moderate. They range from 4.35% to 4.49%. In accordance with Malta’s National Statistics Office (NSO) the prices were rising from 2012 till 2015 as there were an increasing number of foreign workers in the country, choosing to live in rented places of accommodation.
According to the Malta Environment and Planning Authority (MEPA) the rise in dwelling permits was also seen as they rose up to 67.7%, apartment permits accounted for 35.9%, maisonettes rose by 13.8% and other property types – 17.4%.
Austria is considered to be a large nation because of its total area. Its total land area is 83,871 km² (approx. 32,383 mi²). Continental shelf of Austria is approximately 0 km² (around 0 mi²). Austria is located in Europe. Europe is a continent whose borders date back to the period of antiquity. European countries include, but are not limited to, the United Kingdom, Italy, Germany, Switzerland, Luxembourg, Malta, and The Vatican. Austria has 8 neighbouring countries. Its neighbours include Czech Republic, Germany, Hungary, Italy, Liechtenstein, Slovakia, Slovenia, Switzerland. Austria is a landlocked country. The average elevation range of Austria is 910 m (2,986 ft).
Neighbors Total length of land borders of Austria is 2524 kilometers (~975 miles). Austria shares its land borders with 8 different countries, and has the same number of unique land boundaries to neigbouring territories. As in the case of Austria, if a country has the same number of unique neighboring territories as number of land borders, than that country has no non-contiguous sections of a land border. This is in contrast to several countries that have multiple non-contiguous sections of land borders. Austria has 8 neighbouring countries. Its neighbours include Czech Republic, Germany, Hungary, Italy, Liechtenstein, Slovakia, Slovenia, and Switzerland. The lengths of the land borders of Austria with its neighbouring countries are as follows:
Czech Republic - 362 km (225 mi), Germany - 784 km (487 mi), Hungary - 366 km (227 mi), Italy - 430 km (267 mi), Liechtenstein - 35 km (22 mi), Slovakia - 91 km (57 mi), Slovenia - 330 km (205 mi), Switzerland - 164 km (102 mi).
Cities The capital city of Austria is Vienna. The largest cities in Austria are Vienna, Graz, Linz, Salzburg.
Elevation The average elevation range of Austria is 910 m (2,986 ft). The highest point of Austria is Großglockner, with its official height being 3798 m (12,461 ft). The lowest point of Austria is Lake Neusiedl. It lies at 115 m (377 ft) above the sea level. The elevation difference between the highest (Großglockner) and lowest (Lake Neusiedl) points of Austria is 3683 m (2 ft).
Area The total land area of Austria is 83,871 km² (approx. 32,383 mi²). and the total exclusive economic zone (EEZ) is 0 km² (~0 mi²). The continental shelf of Austria is approximately 0 km² (around 0 mi²). Including land mass and EEZ, the total area of Austria is approximately 83,871 km² (~32,383 mi²). Austria is considered to be a large nation because of its total area.
Forest and arable land 39,600 km² of Austria's territory is covered in forests, and forest land comprises 47% of all the land in the country. There are 13,677 km² of arable land in Austria, and it comprises 16% of the country's total territory.
The Republic of Singapore, or simply Singapore, is a sovereign city-state in Southeast Asia. Singapore is a global hub of finance, trade and transportation with numerous reputations, such as: B. The most technology-ready country, the top city for international meetings, the city with the best investment potential, the third most competitive country, the third largest financial center and many other nominations. The country has also been recognized as a tax haven.
Singapore has the fifth highest human development index of the United Nations and the third highest GDP per capita; It is also of high priority in the areas of health care, education, life expectancy, personal safety, quality of life and housing. There are four official languages: English, Malay, Mandarin and Tamil.
Business overview in Singapore Singapore is recognized by the rest of the world as a top business destination for a number of reasons. With the help of various policies and reforms, the government has managed to turn Singapore into a perfect business environment. Because of the appropriate environment, Singapore offers ample opportunities for businesses to grow and flourish over time. This is just one of the reasons why much of the city's businesses are owned by foreign entrepreneurs. Business people from all over the world are attracted by the sophisticated infrastructure and extremely advantageous geographic location.
As the most technology-ready nation in the world, Singapore's openness to communication and information technologies has contributed to the country's economic success. In addition, an advanced seaport, along with international and domestic transportation services, enables entrepreneurs to use the land as a center of trade and commercialization. Singapore's global connectivity along with trade ties has enabled investors and entrepreneurs to tap into the Asia-Pacific region as one of the fastest growing regions in the world.
The city-state continues to enjoy a high reputation as an economy with a triple-A rating and strong growth potential.
Industry sectors Because of its business-friendly environment, there are numerous industries that have flourished over the years. Below is an overview of some industries which, among other things, offer various business opportunities for foreign and local entrepreneurs.
Oil Refining – Singapore is the third largest oil refining and trading center and the largest oil rig producer in the world. Singapore is also a major hub for ship repair services. Refined petroleum is one of the most important export products.
Banking Sector – With over 200 banks operating in Singapore and an increasing number of banking institutions setting up their operational headquarters to service the activities of the regional group, the banking sector is a particularly profitable area for the country. Not only does the banking sector provide jobs and profits for the country, its liquid capital market is also an important source of funding for Singapore's growth and development.
Information Technology – Singapore was among those countries that have managed to catch the emerging trend of IT companies and their economic success, so they seized the opportunity to invest in this then new sector. In addition, the highly skilled employees with impressive IT skills have helped this sector grow and prosper.
Telecommunications Industry – deals with the provision and improvement of mobile services, internet connectivity services and other technologies in Southeast Asia. Such services are in high demand due to the growing number of businesses and residents in Singapore.
Travel and Tourism – Over the years, the number of tourists visiting Singapore has increased and it is still becoming an increasingly popular travel destination. Due to its favorable geographical location, beautiful nature and culture, as well as numerous international and domestic modes of transport, Singapore attracts more tourists every year, which in turn leads to an increasing demand for tourism-related services and businesses.
Food and Drinks – Due to the high proportion of overseas visitors, as well as people who have chosen to live in Singapore, the nation's culture is quite diverse and complex. The diverse preferences of these people have resulted in increased demand for a wide variety of kitchens and the business opportunities in the sector.
Hospitality Industry – The hospitality industry is supported by the government, particularly the establishment of resorts and hotels, as well as small businesses such as inns, guest houses and hostels, due to the increasing interest of tourists. While Singapore is very open to a variety of business opportunities, those that help maximize tourist numbers are particularly welcomed by the government.
Retail Fashion and Stores – Singapore residents are very interested in fashion and keeping up with the latest fashion trends is an important issue in their lives.
Beauty Salons and Spas – while Singapore is often viewed as a highly productive place to work, everyone needs to relax and unwind from time to time. Despite the lively nature of Singapore's residents, a large number of them have made sure that they visit a beauty salon or spa on a weekly basis.
Education – Entrepreneurs' capital also welcomes various educational institutions. Education, which usually takes the form of private courses in certain sectors, is particularly popular with young entrepreneurs. Because of this, education has become one of the most successful companies today.
This overview of the potential business sectors in Singapore is certainly not complete, and there are numerous other sectors that provide business opportunities for overseas and local entrepreneurs.
In Latvia, a residence permit is a document issued by the Office for Citizenship and Migration Affairs to foreigners, granting the right to reside in Latvia either for a specified period of time, usually between six months and five years, or permanently. Residency in Latvia gives you the opportunity to live, work and/or study in the country and use the medical, public and other services available to Latvian citizens. Latvian residency not only offers you the opportunity to travel visa-free to all countries within the Schengen zone, but also facilitates the visa process for other countries, such as the USA and the UK. The main advantages of obtaining a temporary residence permit in Latvia are:
Be able to stay in Latvia without restrictions (according to the conditions of your temporary residence permit) The ability to travel to any country within the Schengen area for a period of up to 90 days within a period of six months After obtaining your residence permit, your family members (husband/wife and any children under the age of 18) are entitled to obtain a residence permit and enjoy the same benefits as Latvian citizens. After five years of temporary residence in Latvia, you can apply for a permanent residence permit, and after ten years, you have the right to apply for Latvian citizenship through the naturalization procedure. Secondary deposit: a ticket for a temporary residence permit One option is to place a subordinated deposit with a credit institution; this is a legal way to obtain a temporary residence permit for a period of five years. In order to apply for such a residence permit, you must make an investment of at least EUR 280,000 in the form of subordinated capital - e.g. subordinated debentures or a subordinated loan — to a credit institution, becoming its partner for a period of time.
Various Latvian credit institutions offer subordinated deposits as a service to non-residents, and each offers individual terms and conditions for subordinated loans. The most common conditions are as follows:
The deposit currency can be either EUR or USD; Some banks accept RUB and other currencies. The minimum deposit is usually EUR 100,000 or USD 150,000, but if you receive the subordinated loan to apply for a temporary residence permit, the investment must be at least EUR 280,000. An additional government fee of EUR 25,000 is required to process your residence permit application, regardless of which bank you invest with. The term offered is typically five, seven or ten years. In contrast to other investments, a subordinated deposit cannot be canceled during this period. Due to the non-cancellability of subordinated deposits, banks can offer significantly higher interest rates compared to other types of deposits.
Procedures and requirements for child deposit requests If you have decided to apply for a temporary residence permit in Latvia through the subordinated deposit route, you must first contact one of the banks that offer this service. After acquiring the subordinated capital of a Latvian credit institution, you can prepare the documents to be submitted to the Office for Citizenship and Migration Affairs in Latvia. The most important documents include:
Proof of sufficient assets and residence in Latvia Criminal record reference letter from your home country Completed questionnaire with attached photos Confirmation of marriage and/or birth of children, if applicable Confirmation that all government fees have been paid After receiving your residence permit, you must obtain medical insurance and a medical certificate issued by a medical institution registered in Latvia. Most banks that offer subordinated deposits to obtain a residence permit have set up extensive advisory and support services to make this process easier for their customers.
Benefits of acquiring subordinated deposits Aside from the residence permit itself, which is of course the main purpose and benefit of investing in the subordinated capital of one of the Latvian credit institutions, another notable benefit is the larger profits that can be made due to the higher deposit rates offered compared to other types of deposits . This is because these deposits are non-callable, meaning you cannot withdraw your money before the agreed maturity date. However, on the Maturity Date you can get back your original balance in addition to the interest paid periodically throughout the investment period. The only non-retrievable payment is the government office fee of EUR 25,000. In addition, banks usually consider subordinated deposits to be the most convenient way to obtain a residency permit.
The EU is an intergovernmental economic union that aims to promote free trade and achieve economic stability, as well as a common European internal market stretching across the territory of the 28 EU member states. In terms of incorporation, each country in the EU has certain specific advantages, not to mention particularities in terms of the legal procedures for setting up a business, which may differ between jurisdictions. Some jurisdictions offer relatively quick and accessible remote business formation and maintenance, while others do not have blacklisted jurisdictions or offer a great opportunity to minimize taxation (sometimes even to 0%). According to statistics from the European Business Register, the vast majority of companies within the EU are incorporated as standard limited companies (LLCs).
Your EU company is referred to as a "merchant". The merchant account is opened directly in the name of that company while the funds go into a connected company account. The process is as follows: When the acquirer issues a Merchant Identification Number (MID) for the customer, they also provide technical setup details. Later, the merchant will be set up in the payment gateway and their account credentials will be configured. You will then be given API integration instructions and the acquirer's technical team will likely be able to assist you with this.
This scenario, which should be clarified with your acquirer in advance, involves an additional company, e.g. B. A Hong Kong company that has an agreement with your EU trader whereby the trader acts as a settlement agent for the main Hong Kong company. The Hong Kong partner can ease the tax base of the EU company to some extent. Any such agreement between the two partners requires a clear and detailed legal contract. According to the contract between the two parties, the EU merchant handles the entire process of selling, billing and collecting payments from customers.
The total population of Swaziland is 1,391,385 people. The people of Swaziland speak Swati and English. The linguistic diversity of Swaziland is vaguely diverse according to a fractionation scale, which is 0.1722 for Swaziland. The average age is around 21 years. Life expectancy in Swaziland is 54. Female fertility rate in Swaziland is 3.3. Around 20% of Swaziland's population is obese. Ethnic diversity is nearly uniform according to a fractionation scale, which is 0.0582 for Swaziland. Details of the language, religion, age, gender distribution and advancement of the people of Swaziland can be found in the sections below, as well as the section on education in the country.
Population In Swaziland, the population density is 72 people per square kilometer (187 per square mile). Based on these statistics, this country is considered sparsely populated. The total population of Swaziland is 1,391,385 people. Swaziland has approximately 25,524 foreign immigrants. Immigrants in Swaziland make up 0.1 percent of the total number of immigrants worldwide. Immigrants in Swaziland account for 2 percent of the total number of immigrants worldwide. The ethnic diversity of Swaziland is nearly uniform according to an ethnicity-based fractionation scale. Ethnic Fractionation (EF) deals with the number, size, socioeconomic distribution, and geographic location of diverse cultural groups, usually within a state or some other demarcated area. Specific cultural characteristics can refer to language, skin color, religion, ethnicity, customs and traditions, history, or other distinctive criteria, alone or in combination. These characteristics are often used for social exclusion and power monopolization. The index of ethnic fractionation in Swaziland is 0.0582. This means that the people living in Swaziland come from a narrow group of ethnic groups, all of which are related to one another. EF is usually measured as 1 minus the Herfindahl concentration index of ethnolinguistic group proportions, which reflects the probability that two randomly drawn individuals from the population belong to different groups. The theoretical maximum of EF of 1 means that each person belongs to a different group. Read below Swaziland statistics on mean age and gender distribution at different ages.
Age The average age is around 21 years. The average age for men is 20.7 and the average age for women is 21.3.
Gender The sex ratio, or number of males per female (estimated at birth), is 1.03. It can be further broken down into the following categories: sex ratio below 15 - 1.02; sex ratio from 15 to 64 - 0.93; sex ratio over 64 - 0.59; Overall sex ratio - 0.95. The overall sex ratio differs from the sex ratio estimated at birth. This is because some newborns are included in the sex ratio estimated at birth, but die within the first few weeks of life and are not included in the overall sex ratio.
Religion The majority religion of Swaziland is Christianity, whose adherents make up 88.1% of all religious believers in the country. Christianity is an Abrahamic monotheistic religion based on the life and teachings of Jesus Christ as presented in the New Testament. Christianity is the largest religion in the world with over 2.4 billion followers known as Christians. Christians believe that Jesus is the Son of God and the Savior of mankind, whose coming as Christ or Messiah was prophesied in the Old Testament. Besides Christianity, there are several other religions in the country. Other religions in Swaziland are Islam, Hinduism, Buddhism, folk religions, Judaism. The religious diversity of Swaziland is diverse according to a fractionation scale based on the number of religions in Swaziland. The index of religious fractionation in Swaziland is 0.4444. This score means that within the country there is one major religion and several other minor beliefs.
General development Swaziland is considered a developing country. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developing country, Swaziland may not be able to provide consistent social services to its citizens. These social services may include things like public education, reliable healthcare, and law enforcement. Citizens of developing nations may have lower life expectancies than citizens of developed nations. In Swaziland, 20.78 in every 100 people use internet. Swaziland has a Human Development Index (HDI) of 0.53. Swaziland has an upper medium HDI score. This indicates that the majority of citizens will be able to attain a desirable life, though some citizens will not be able to achieve high living standards. In Swaziland, 69% of the population lives below the poverty line. The percentage of citizens living below the poverty line in Swaziland is very high when compared with other nations. This situation is indicative of a variety of alarming economic and political factors. It is not advisable to make any investments in countries with this level of poverty.
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