Some HNW Americans reported snapping up Brexit-impacted UK property bargains

The combination of significantly lower prices for desireable London property and a strong U.S. dollar – both seen as at least in part as the result of uncertainty over Britain's political future as a result of the UK's Brexit troubles – has seen at least some wealthy Americans snapping up some of the most expensive of these London properties, at reduced prices that most people would still consider to be eye-watering.

Hong Kong tops new ranking of most resi properties sold for US$25m-plus

Hong Kong saw the greatest number of sales of ultra-prime residences costing more than US$25m (£22.1m, £19.9m) in the year to the end of August, according to a first-ever assessment of this market by Knight Frank.

New York and London ranked in second and third place respectively, the London-based property company's research revealed.

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Opinion

Opinion: Why it's wrong to insist a U.S. move to residence-based tax regime be 'revenue neutral'

Opinion: Why it's wrong to insist a U.S. move to residence-based tax regime be 'revenue neutral'

As awareness of the problems associated with the Obama-era law known as the Foreign Account Tax Compliance Act (FATCA) has gradually become more widespread, there's been more discussion about the...

Feb-23-2020