Articles by Diana Imamgaiazova
Decline expected in international demand for Greek Golden visas due to raised investment threshold
The Greek government has recently unveiled plans to elevate the investment thresholds within the highly sought-after Golden Visa programme. Tranio’s data reveals a brief surge in applications from international clients following this announcement, yet a discernible long-term decline is now underway.
Dubai Property Market Update: reports of a slowdown in demand for off-plan properties in Fall 2023 were premature
Following Bloomberg, numerous analysts observed a decline in activity in Dubai's off-plan residential market in Fall 2023, which some experts attributed to a drop in demand from Russian HNWIs (high net worth individuals).
Research: In H2 2023, over a third of new developments in Dubai are running behind schedule
Tranio’s analysts have examined data provided by the Dubai Land Department (DLD) on the status of construction projects in the emirate. According to the department's reports, 35% of all current projects were overdue at the start of H2 2023. The median handover delay for all new buildings is 6 months, and for large projects the delay is more significant, averaging at a delay of around 2.5 years.
Data: In H1 2023, demand for real estate in Thailand has grown among investors from China, USA, and European countries
Official data released by the Government Housing Bank (GHB) in June 2023 indicates a significant increase in the purchase of apartments in Thailand by foreigners in Q1 2023. Compared to Q1 2022, there has been a 79.2% rise in the number of units bought, with a total of 3,775 apartments purchased.
Statistics: In 2022, Russians bought up thousands of apartments in Turkey, Georgia, and Dubai
The authorities of Turkey and Georgia reported a record number of real estate deals concluded by Russians in these countries during the 12 and 9 months of 2022, respectively. The high activity of buyers from Russia was noted by official sources from Thailand and Spain based on the data on registration of ownership rights in 2022.
Investors’ meeting at Embassy of Grenada in Moscow is cancelled
The meeting of investors previously scheduled for 2nd March, 2023 at the Embassy of Grenada in Moscow has been cancelled due to technical reasons.
US E1 and E2 visas will be available to Portuguese citizens in 2023
The US Congress recently approved Portugal's entry into the list of E1/E2 treaty countries in 2023.
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Tranio: Europe’s most demanded “golden visas” in Q3 2022
Tranio has revealed the most demanded residence-by-investment programmes based on customer request statistics from July to September 2022. The Greek, Portuguese and Latvian “golden visas” turned out to be the top-3 investment choices.
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Both selling and buying: Tranio employees invested in rental property in Alanya
In April, at the start of sales in a boarding house under construction in Alanya, Tranio's clients and employees bought several apartments in the 50,000–60,000 euro price range with a rental yield of 7% per annum in euro.