The peasants are too busy sitting at home waving their blue and yellow flags, while battling their third bout of covid (they are still thankful for the vaccines). All while their cost of living goes through the roof and they won't be able to heat their homes this winterI hope its a miscommunication otherwise it is a very dangerous precedent. Collective punishment assumes every Russia passport holder agrees with Putin. To say a Russian i.e living in Germany or France because of their Russian passport can't buy a property in the country they have resided in for decades is worrying. Sounds like a flawed proposal or misinterpretation of what is proposed.
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The European Commission’s proposal would halt property deals with Russian citizens, residents and entities -- prohibiting the sale or transfer, directly or indirectly, of “ownership rights in immovable property located within the territory of the Union or units in collective investment undertakings providing exposure to such immovable property,” according to the legal text seen by Bloomberg News.
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Anyway lets keep to topic please. The subject is:
"Where should one keep their wealth to avoid future potential sanctions?"
Right now it seems like EU is no place to keep wealth if your passport is not strong. I always thought banana republics in South America confiscate wealth. I never thought I would see the day EU countries confiscate assets with no due process and the public cheer it on like clapping seals at a water park. I will see how this all plays but right now I will sideline EU for a while after having unloaded my EU government bonds already.
The United Arab Emirates is the absolute best and most secure option.
The most commonly utilized options are companies and real estate. The ease of liquidating from Dubai is equally as simple.
Security is top-notch, markets trends are progressive, and investments are being pumped in every day!
+971509444794.
Don't you think it's funny?
I have no words but the following image pretty much describes the core of my thoughts. Ignore the BTC icon at the end.Don't you think it's funny?
I find it amazing how 80% of the people in the world have no clue how to come across professionally. And how the other 20% just looks at them in amazement like: "Who the f**k do you think you're fooling, Ahmed?"
Look at what as just happened to Graham Phillips. UK Citizen, been reporting in Donbass since 2014, just been sanctioned by the UK and all his assets seized!
Do you know about that prime office building in Nassau next to FTX? It yields 8%+ and it’s (almost like) NNN.Put that in a new thread. It's an interesting story actually. and lets keep to topic here.
Just an update since selling all my eurozone treasury bonds I mentioned early. I actually bought several apartment blocks (just over 50 apartments in total) and a small office building in Caribbean via my trust. So I am totally out of cash. I actually got a good distressed sale due to higher loan rates crushing the previous owner and sending his yield negative. When they say cash is king I totally get it. So in end it was income yielding property. It's yielding around 6.5% which is ok for me. Plans are to put all income back into renovation and expansion.
unless you got a massive discount on the purchase price itself, such a yield seems ridiculously low to me, why are you ok with this?tally get it. So in end it was income yielding property. It's yielding around 6.5% which is ok for me.
Ok,,but where you buy apartment block ?? In carribbean or Europe???? Just hint not exact location..P.S For privacy reasons I have been deliberately vague on exact location.
If it’s net, it’s a good rate. Plus he can always make a profit by reselling. And use the asset to borrow more moneyunless you got a massive discount on the purchase price itself, such a yield seems ridiculously low to me, why are you ok with this?
Do you know about that prime office building in Nassau next to FTX? It yields 8%+ and it’s (almost like) NNN.
I like NNN commercial leases.
unless you got a massive discount on the purchase price itself, such a yield seems ridiculously low to me, why are you ok with this?
No need to live near the properties you buy unless you like dyi renovationI don't live near Nassau.
If it’s net, it’s a good rate. Plus he can always make a profit by reselling. And use the asset to borrow more money
No need to live near the properties you buy unless you like dyi renovation
It’s a good opportunity and the seller is motivated, unfortunately I can’t buy it.
Send me some info. If I can get a bank loan and my other properties income covers the loan why not.
I'm interested in one apartment lol
Btw what's property taxes in the caribbeans like?
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