Tuesday, January 7, 2014

But so many of the others have a mansion tax???

London 'best city for foreign property investment opportunities'

NYC is in second spot, with some council tax equivalent bills running over $100k p.a. Houston is in there too, in the state with the highest property taxes in the US. So of course we can expect London to drop out of this list if council tax rises to any extent... The great thing about being a foreign investor is you avoid all of the pesky taxes like income tax, NI and VAT, and stamp duty and CGT (it's getting harder but still very lucrative given the sums)

Posted by mombers @ 01:08 PM (1623 views)
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