Tax cheats who own overseas property are being targeted by a new team of investigators and specialists at HM Revenue & Customs (HMRC). The 200-strong team began work this month, using assessment techniques to identify areas where wealthy individuals may be avoiding and evading taxes and duties. One of the first groups to come under [...]
Overseas Property News
Spanish house prices down 22% on 2007 peak
Spanish house prices registered a 6.6% year-on-year decline in June, compared with an annual fall of 5.9% in May. According to the latest IMIE house price index from real estate valuation specialist, Tinsa, the cumulative decline now stands at 22% from the Spanish housing market peak at the end of 2007. All regions of the [...]
Brits reveal top ten reasons for not moving abroad
New research from Aviva UK Health indicates that the British sense of humour, favourite TV shows and the nation’s food and drink rank among the top 10 reason for not relocating overseas. The findings come from the insurer’s annual “semi-gration” study, which tracks the UK population’s appetite and motivations for moving abroad. Leaving friends and [...]
