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Some countries do that. For example in Portugal the yearly tax on real estate is around 0.3% of the price of the house/apartment but if the owner is a country b
by song 11y ago
Some countries do that. For example in Portugal the yearly tax on real estate is around 0.3% of the price of the house/apartment but if the owner is a country based in a tax haven (and that include countries in the Grey area like Hong Kong), then the tax rate is 7.5%.