![Ranked: The World’s Top 10 Tax Havens [INFOGRAPHIC]](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/06/calculating-taxes-270x200.jpg)
Individuals and corporations use tax havens to minimize their tax burdens and protect their wealth in low-tax or no-tax jurisdictions. This graphic shows the top 10 countries hosting the most offshore financial wealth, according to 2022 data from the Atlas of the Offshore World. What is a tax haven? A tax haven offers foreign businesses and…
Undertaking a major home renovation can be exciting, but it often comes with the challenge of finding temporary accommodation. Whether you’re going to renovate a luxury home or simply update your current living space, you’ll need a place to stay during the process. If you’re renovating your home in Perth and need temporary lodging, here…
Imagine you’ve got the Midas touch, but instead of gold, every property you invest in online turns into a lucrative deal. It sounds great, but, unfortunately, it’s more complex than it sounds. You’ve got to know the ins and outs, the tips and tricks of the trade. We’re about to uncover seven indispensable tips for…
Negative gearing and capital gains tax are back on the national agenda as Australians deal with a housing crisis and politicians look for ways to tackle the issue and win voters’ support at the upcoming election. The Labor government confirmed last week the tax concessions were being reviewed. Meanwhile, the government is struggling to pass…
Recent data from a survey conducted by online estate planning service Willed has unveiled a significant trend: property ownership is increasingly becoming a key driver for will creation, especially among younger Australians. This shift in behaviour is reshaping the landscape of estate planning and highlighting the growing awareness of financial responsibility among new homeowners. The…
Is the government seriously interested in changing arrangements on negative gearing? After days of questions to Prime Minister Anthony Albanese and Treasurer Jim Chalmers, who would know? They’ve engaged in obfuscation at every turn. On Friday, Chalmers was asked, at a news conference in Beijing, whether he had told the treasury to model reforms of…
Of course, mobile applications are changing the ways of movement, and now, having opened the Internet, we already see a lot of different simple and integrated solutions for both housing and transport. Now it’s not even so important what exactly you want to do for your trip since mobile applications allow you to rent a…
Much has been made of the increasing presence of the “bank of mum and dad” in the lives of Australians. We know financial support from parents to adult children is increasingly used for entering the housing market. However, our new research shows that parents are also helping their young adult children in other ways, including…
Your morning caffeine boost isn’t just helping kick-start your day — it might have health benefits as well. Drinking a few cups of coffee daily reduces the risk of chronic liver disease by over a fifth, according to a new study published in the online journal BMC Public Health. Europe consumes more coffee than any other region, exceeding…
Ever dreamed of owning a piece of prime real estate but thought it was out of reach? The future of real estate investment is here, and it’s more accessible than ever! Welcome to the world of tokenization and fractional ownership—a groundbreaking approach that’s changing the game. What is Tokenization of Real Estate? Tokenization is converting…
