Wealthy people often prefer to buy property in Dubai rather than London, writes Bloomberg Referring to the head of one of the estate agents in the British capital.
The real estate agent revealed details of his conversation with one of his clients, an unnamed billionaire. He is selling a penthouse in Belgravia (an area in the historic center of London).
“London is over,” the billionaire said.
Estimated at £28 million (2.8 billion rubles) by the owner of the penthouse, the Realtor believes the amount is too high – in fact £20 million (about 2 billion rubles) According to the owner, money is important to him, not money.
The representative explained that the choice of his client also fell on Dubai – because the billionaire does not want to pay taxes.
Under British law, a citizen with permanent residence abroad cannot pay taxes on his income abroad.
It was previously known that the Russians had a share in the Bahrain real estate market. grew up Three times in January-March 2023. Apartments with an area of 70-100 square meters. One bedroom m close to the coastline with direct access to the beach can be purchased for $ 650,000. m.