Results of 2018 in the foreign real estate market

2018 is coming to an end and the Homes Overseas portal sums up the results of the year together with our experts in the foreign real estate market – readers are offered a selection of all key events of this year and their analysis.
What event on the foreign real estate market do you consider to be the main one for 2018 and why?

Julia Titova, Director of RENTSALE

– It is very difficult to single out one event or one change in the legislation that has had the greatest impact on the foreign real estate market. Perhaps the most striking milestone of this year was the events in the UK, in connection with which the flow of people wishing to have passports of Cyprus and Malta, permanent residence of Spain, Greece and Portugal intensified. The general bright trend is that, on the one hand, they have become tougher to control the income of Russians at home, on the other hand, they have begun to check Russians abroad much more seriously – when opening bank accounts, obtaining residence permits, permanent residence, citizenship. Continue reading →