London Property – A Global Reserve Currency


According to Britain’s Office for National Statistics,London house prices rose 9.7% between July 2012 and July 2013.In fact for a number of years London real estate has returned an annualized return of round 10%.

World over, the UK political system is seen as stable and government policy as predictable.

Also,the property tax regime is very gentle.For example, the ¬†property taxes on Mayor Michael R Bloomberg’s $20 million London home comes to $3430.

Furthermore,if a person can demonstrate that he/she has a residence in another country.he/she is taxed on only his/her  British earnings. Read more of this post

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