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Malta, EC Reach Agreement on Passport Sale

Malta, EC Reach Agreement on Passport Sale

March 5, 2014 2:16 pm

After negotiations with the EU (European Union) on 29th January 2014, Malta has agreed to change the provisions of its controversial Individual Investor Program (IIP). Under the IIP, the government of Malta originally planned to avail citizenship to individuals with an investment of a minimum of EUR650,000 into the National Development Fund, regardless of the […]

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Panama’s Banking Credit Boom

Panama’s Banking Credit Boom

March 5, 2014 2:16 pm

Between January and November 2013, Panamanian issued out 14% more loans than in the same period in 2012. Statistics from the SBP (Superintendency of Banks of Panama), indicate that during the first 11 months of 2013, the National Banking System (SBN by its initials in Spanish) issued out 14% more loans than in the same […]

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UK Real Estate Performs Strongly In 2013

UK Real Estate Performs Strongly In 2013

March 5, 2014 2:15 pm

A recovery in regional property values during the end months of 2013 enabled property returns in the UK to stand at 4.4% in the fourth quarter, Improving business and consumer sentiment in main cities like Manchester, Birmingham, Edinburgh and Leeds coupled with the ongoing strength of London and the South East, has enabled capital values […]

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HMRC Gets Tough With Tax Avoiders 2

HMRC Gets Tough With Tax Avoiders

February 12, 2014 12:53 pm

HMRC (HM Revenue and Customs) could make a demand on upfront payments from users of a wider range of tax avoidance schemes than originally planned. UK Chancellor George Osborne in his 2013 Autumn Statement announced that payment would be requested from taxpayers using structures the same as or similar to those already defeated in the […]

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