UK immigration matters and articles on migration, studying or working in the UK, as well as other countries. UK immigration visa appeals, refusal of visas or leave to remain, deportation and removal from the UK and overstaying in the UK. Articles on setting up a business online and making money online.
Army and tanks on the move as Londoners brace themselves
for an enforced lockdown
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1. London will be in lockdown soon, as Army
move into position
2. Government order Schools closure this
Friday
3. Private tenants to get emergency protection
from eviction
4. Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send
me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
Federal Reserve
emergency rate cut to zero and $700 billion fails to prevent another market
slide as Dow Jones tumble 13% today wiping billions off share prices
By Charles Kelly,
Property Investor, Author of Yes, Money Can Buy You Happiness and
creator of Money Tips Podcast.
In this Money
Tips Podcast episode:
1. Markets crash again around the world as
Fed rate cut to zero fails to halt slide
2. Markets have fallen by 30% in a month and
could decline further
3. Has bear run started with Coronavirus
spreading out of control
4. Learn about investing in property before
buying anything!
Can you afford to
retire?
Millions of people,
or over 80% of the population, will either retire in poverty or not be able to
afford to retire at all. What’s your strategy?
You can learn how to
acquire income producing assets using other people’s money and other no money
down strategies in order to become financially free.
Smart investors take
advantage of creative finance ‘no money down’ tools in order to build
massive property portfolios in a few short years, as their hands are not
tied by mortgage lenders and the need to save large deposits and pay higher
taxes.
Free property investment
taster day
Before you any
property, take time out to learn proven successful strategies from expert
multi-millionaire property investors on a free taster ‘property discovery day’.
If you’d like
more information on how to acquire wealth building assets using none of your
money, email me at Charles@CharlesKelly.net or send me a message through Facebook or
my Money Tips Daily community.
See more articles
at www.moneytipsdaily.com
There are more examples and practical steps to getting rich and
being happy in my book, Yes, money can buy happiness, I cover the
3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
Government's print billions £$ to rescue economies
Yesterday’s Federal Reserve emergency rate cut to zero
and $700 billion failed to prevent another market slide, so more money is being
printed by central banks around the world to prevent a recession and economic meltdown…
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1. UK and US both pump billions to stop
market collapse
2. 3-month mortgage holiday announce by UK
Chancellor Rishi Sunak
3. Markets recover today but still well down
on week and month
4. Pandemonium in shops as people stock up
for forced quarantine
5. Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send
me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
Global stock markets in more turmoil as billions wiped
off shares today
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1. Markets in freefall as trading suspended
on NYSE
2. Global markets suffer worst day since
2008 financial crisis
3. Oil prices drop 30% in one day in Saudi-Russia
trade war
4. Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send
me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1. Interest-only residential mortgages
making a comeback?
2. Lenders offering interest-only mortgages
to high earners
3. How I saved a fortune and acquired an
asset by borrowing more
4. Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send
me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
How to build up a passive income outside your job trading
time for money
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1. Stock markets tumble again losing
billions and wiping out earlier gains
2. Second UK Coronavirus death confirmed as millions
worry about their jobs
3. The only way to be secure in a crisis
like this is to have a passive income
4. Pensions or property – which is best?
5. Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send
me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
Sub Prime Lender Share Price Slides As Founder Quits
After Boardroom Bust-Up
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1. Amigo founder James Benamor accuses
company of "committing slow-motion suicide"
2. Amigo accused of lending to people with
poor credit who cannot afford loan repayments
3. First UK Coronavirus fatality reported,
as Airline goes bust as UK travel slows down
4. Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send
me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
There will always be threats - how prepared are you?
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1. Threats are always on the horizon for us,
companies and countries
2. S.W.O.T. Strengths, weaknesses,
opportunities and threats
3. Have you carried out your own S.W.O.T. Analysis?
4. What is your disaster management plan?
5. Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send
me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
Billions wiped off share values of companies as
Coronavirus panic spreads
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1. Stock markets around the world suffer
further falls
2. Dow Jones hit by record falls as Fed
promises action
3. FTSE100 drops £200 billion in a week
4. Bond yields at record lows which will hit
pensions
5. Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send
me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
Shares bounce despite more bad news on Coronavirus
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1. Stock markets bounce back despite OECD
downgraded growth forecast
2. Dow Jones up 5% or 900 points after one
of the worst weeks ever
3. FTSE100 down 15% since start of the year
4. Stock market crash will hit pensions
5. UK “business as usual”, says Boris
6. Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send
me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1. US Stock markets tumble wiping out Monday’s
record gains
2. Dow Jones Dow 2.8% wiping billions of
dollars off the value of top companies
3. US 10-year Treasury Bond yield falls
below 1% for first time ever
4. Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send
me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
Markets tumble around the world as Coronavirus spreads
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1. Stock markets lose billions as virus
spreads to Europe and beyond
2. What are your rights if you cancel your
holiday due to virus?
3. UK Banks to close branches and shed
thousands of jobs
4. AI will wipe out millions of jobs, what’s
your plan?
5. Learn how to make money on Amazon for
free
6. Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send
me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
Government to Launch New Scheme To Protect Homeowners
Against Shoddy Builders
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1. New body to be created with powers to ban
rogue developers from building new houses
2. Compensation will be available to those
stuck in "shoddy" new-builds
3. Why aren’t ALL builders regulated and
controlled?
4. Watch out for new build dodgy leases and
charges
5. The Home Builders Federation's (HBF)
report a rise in the percentage of customers reporting snags from 93% in 2015
to 99% in 2018
6. Grenfell cladding scandal thousands of
homeowners with worthless flats
7. Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send
me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
FTSE 100 stock market suffers biggest drop in four years
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1. Billions wiped off markets around the
world as Coronavirus spreads
2. Gold and Silver prices leap 3% in one day
as investors seeks safe haven
3. New UK Chancellor Rishi Sunak hints at
lighter touch on IR35
4. Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send
me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
How will new points-based immigration system affect the
UK economy?
The government are introducing a new immigration system to include
post-Brexit EU migrants coming to work the UK.
By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
1.EU migrants will have to qualify under
points system to work in the UK after January 2021
2.Minimum salary, skill level and English
language ability applied to EU migrants
3.180,000 more people in UK employment
which stands at a record 32 million
4.8.4 million 16-65 year old’s ‘economically
inactive’ says Home Secretary
5.Learn about investing in property before
buying anything!
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become
financially free.
Smart investors take advantage of creative finance ‘no
money down’ tools in order to build massive property portfolios in a few
short years, as their hands are not tied by mortgage lenders and the need to
save large deposits and pay higher taxes.
Free property investment taster day
Before you any property, take time out to learn proven
successful strategies from expert multi-millionaire property investors on a
free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or
send me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy
happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F
System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
Cyprus is a modern fast-growing EU country, which is also
steeped in history. The Bible mentions the early Apostles who travelled to
Cyprus and formed early Christian churches in the region during the days of
Roman Empire.
As a member of the European Union and Commonwealth, Cyprus
is strategically placed to take advantage of economic growth in a growing
region straddling Europe and the Middle East.
Cyprus has recently been ranked the 5th best relocation
destination in the world by an international lifestyle review (source: 2014
report prepared by Knight Frank, a leading independent, global real estate
consultancy firm). Ranked by key business and leisure indicators, Cyprus was
the only European country alongside Switzerland to make it into the top five –
ahead of London, Madrid and Monaco. Cyprus ranked highly because of its
favourable tax regime for new residents, particularly high net worth
individuals. And with at least 320 days of sunshine a year, and classified as
the sunniest European location, you can enjoy an incredible lifestyle on this
beautiful island in the sun.
Europe has established itself as the most sought-after
region in terms of high net worth immigration, accounting for over half of the
total number of global citizenship applications, with the Caribbean in second
place, followed by North America in third. Recent studies conducted by global
immigration experts, ranked the Cyprus Citizenship by Investment Program among
the “top ten best in the world”.
The Cypriot immigration policy and legal framework now
enable Non-EU applicants to obtain Cypriot citizenship on an expedited basis –
fast. There are a number of reasons the Cyprus Citizenship by Investment
Program is now considered to be the most attractive in Europe, including:
·Application process takes 6 months, with approval
granted within 2 to 3 months, being by far the fastest route to EU Citizenship.
·There is no requirement to make a donation to
the local government, in contrast to many other citizenship programs worldwide.
·Cyprus does not require applicants to live on
the island prior, during or after the application process, unlike all other EU
countries with citizenship programs that impose residency requirements.
·Simple and straightforward application process
with no requirements to disclose source of wealth or funds,
·No medical testing, no interview, and no
language requirements.
·Approved by the EU (being one of only two CBI
programs in Europe with official EU approval).
·English is widely spoken.
Since 2013, there have been over thousands of successful
applicants under the Cypriot programme, generating more than €3 billion in
investment.
A minimum investment of €2.0 million in property or real
estate is required, plus a donation of €75,000 to the Governments Research and
Development fund and €75,000 to the Land Development Organisation.
Cyprus uniquely offers a fast-track route to citizenship
within just 6 months of making the required investment. This guarantees a
Cypriot passport and citizenship of an EU country, giving the holder the right
of freedom of movement and work, travel, study and to live anywhere within the
EU, including countries such as Germany, France and Italy. The investment may be
reduced down to €500,000 after 5 years.
The obvious attraction for high net worth individuals is the
rapid citizenship for qualifying real estate investments.
How does the Cyprus Permanent Residency Programme work?
Investors can secure permanent residency rights in Cyprus
through investment in new property or real estate in the country. The permanent
residency programme is one of the fastest and straight forward investor visa
programmes in Europe. It requires investment of only €300,000 into property to
gain the Cyprus residency permit.
The permanent residency visa is granted within two months of
the investment and covers the whole family including parents - of both the main
applicant and spouse - plus dependent children up to the age of 25. Residency
is valid for life and can be passed down to dependents and spouse.
The permanent residency programme offers rights of travel
throughout the European Union and requires a single visit to Cyprus by all
family members every two years.
Investments may be made by a company for which the main
applicant and spouse are beneficial owners. The investment can be in to a
maximum of two brand new properties provided they reach the €300,000 permanent
residency limit.
In light of tougher legislation on landlords, punitive taxes and falling house prices in london, Money Tips looks at whether property is still a good investment ?
First,
we had the George Osbourne 2015 finance act phsing out tax relief on buy-to-let
mortgages. Tax relief will be gone by next year as will many property owners
and landlords as they start to pay more tax and even struggle to show a return
on their investment. This is a travesty and goes against all principles of
business lending.
The
then Chancellor George Osbourne also removed wear and tear allowance, which
will cost small landlords dearly.
If
that wasn’t enough, the government are now proposing new rules to do away with
Section 21 notices, which enables landlords to legally regain possession of their
property without having to give a reason or find fault.
Many
property owners have already sold up or reduced the size of their portfolio in
order to cut borrowing. Property prices in many parts of the country have
dropped for a number of reasons, including of course Brexit.
Some
see this as an opportunity to buy more property as so-called amateur landlords
run for the hills.
Others
worry that long term open-ended tenancies may be the beginning of the end for
the buy to let business as we know it. The banks will certainly be concerned
about gaining possession of their security in the event of a default on the
mortgage.
The
BBC and media have been all over the story citing cases of victims of
unscrupulous landlords who apparently evicted them at short notice because they
made a complaint about a repair job.
We
usually only hear one side of these stories, which surprise me for two reasons.
One,
most landlords would want to maintain the property in good order and any that do
not are shooting themselves in the foot and giving the vast majority of good
landlords a bad name.
Secondly,
no landlord wants to evict a good tenant who is paying rent knowing that they will
have a void and then have to pay an agent to get another tenant.
So
what do I think of this?
Housing
Crisis
These
measures will not solve the housing crisis. If anything, it will make it worse
as more landlords pull out of the market to avoid open-ended long-term
tenancies. If this happens, rents will go up based on the simple economic laws
of supply and demand.
Long
Term Secured Tenancies
Private
landlords were never meant to fill the gap in the market for long-term
tenancies. Buy-to-let mortgages do not allow such tenancy agreements under the
terms of a typical mortgage. Secured tenancies were traditionally was provided
by council housing, which have not been built in any great quantity in the
London area since the 1970s. Despite government encouragement and cheap
borrowing, councils are often reluctant to build more council houses as they
fear that they will lose them further down the road and the right to buy
scheme. Many have even sold of housing stock to huge housing associations.
The
government and local authorities must build affordable rental social housing as
a matter of urgency. The current scheme of asking developers to give a percentage
of the development over to affordable housing is just not working or providing
enough stock. Frankly, in the south-east affordable housing is just not
affordable. I have seen developers who cannot offload affordable housing even
on shared ownership schemes.
Has
Right-to-Buy Passed its Sell-by Date?
The
government also needs to restrict right to buy in order to keep housing stock
within the social rented sector and remove the excuse local authorities use to
sit on their hands whilst spending millions housing people in expensive
temporary accommodation.
The
right-to-buy was a revolutionary flagship policy under Margaret Thatcher‘s
Conservative government in the late 1970’s and 1980’s. It did a lot to help social
mobility and allow people get on the property ladder. The problem is that the
money from the sale of the council houses was not reinvested into building new
stock.
Underlying
Shortage of Housing in the UK
There
is still a massive shortage of housing in England, as the population has risen
sharply in recent years due to immigration and people living longer. Divorce
also increased the need for smaller rental units such as studios in one-bedroom
apartments. Net migration, the difference between people coming into the
country and people leaving the country, has been running at around half a
million people each year for years. A small city the size of Bristol would have
to be built every year to just to cope with the number of new arrivals alone,
according to organisations like Migration Watch. As this is unlikely to happen
- as far as I know there is no plans to build another Milton Keynes or Basildon
- there will be a strong demand for property for the foreseeable future.
Even
if there are fluctuations in the market, the fundamentals and underlying demand
will still remain. The U.K.’s population is set to hit 60 million within the
next decade and they all will need somewhere to live.
As
for this latest announcement, we don’t know exactly how the new rules will play
out or when they will be implemented. We do know that the government do not
want to go back to the bad old days of protected tenancies where a landlord
could never regain possession of their property or increase the controlled rent.
Until a few years ago, there were thousands of these properties with sitting
tenants dating back to the 60’s and 70’s. Owners would sell off the properties
at huge discounts at auction. Tenants were offered thousands of pounds in
bribes to vacate. A good friend of mine used to buy these properties in London
and then negotiate with the tenant to leave with a nice cash sum! They made a
fortune. If we return to this situation, the supply of private rented
accommodation will dry up.
Like
it or not, the government needs private landlords as there is simply not enough
social housing provided by councils and housing associations. Some corporate
landlords are coming into the market but they are catering for the luxury end,
such as in the city centre studios and co-living for young professionals.
So
for all of the above reasons, I think there will be a demand for private rented
accommodation even with anti-landlord legislation. Landlords are small business
people and small business people are resilient to legislation changes and
government red tape such as licensing (another issue for the sector to cope
with). They will survive and adapt. Like Darwin said, it’s not the strongest
species that survive, but the most adaptable.
Property
is a long-term investment and there will always be challenges.
Landlords
and investors need to keep abreast of new legislation by attending courses and
seminars run by reputable organisations.
The
National landlords Association is a good source of information and it lobbies the
government on behalf of landlords.
Property
still a good investment because you can use leverage or bank and other people’s
money to acquire properties.
If
you currently own property, I would not jump ship just yet. If you are planning
to invest, I would proceed with caution and always educate yourself before
dipping your toe in the market.
If
you like further details a property courses, such as a one-day introduction to
property investing, drop me a line.
I
have a limited number of complimentary tickets to attend an excellent course run
by experts, which will give you a clear overview into the market.
My
new book, Yes, money can buy happiness,
is due out on the 4th of May. Watch out for a special offer for all my podcast
subscribers!
