Wetag International Insights - Home

Will Italy’s real estate market benefit from the governments tax amnesty?

2010-02-09T16:52:00Z

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While in 2001 and 2003 government has seen 80 billions Euros repatriated to Italy, with over 20% of these funds flowing into real estate, there is a similar picture these days. So far, Italy’s third tax amnesty, so called Scudo Fiscale, has brought in an estimated 95 billion Euros already. Owner of the repatriating cash will have to pay a one-off 5 percent penalty, but than they can invest the rest or pay into an account. There is no doubt that the new money flowing back to Italy will be used in a variety of w ... Continued on the blog.

Camel burger meets High Society – the vision by Moroccan King Mohammed VI and how Morocco is doing despite world wide tensed markets

2010-02-04T21:14:00Z

In 2001, King Mohammed VI announced his vision during the National Meeting on Tourism, and since Morocco has officially been engaged in a new tourist policy, the ambitious plan is aimed to increase tourist arrivals to around 10 million over the next years. State has begun to set up tourism as a national economic priority focusing major developments such as the improvement of Morocco’s infrastructure in general, and the countries pleasantness for investments. In fact and quite in contrast to most countries in Africa and the M ... Continued on the blog.

Escape the treasury and enjoy the sun, the beach and the ocean as well as a mild tax climate

2009-11-23T17:22:00Z

Bilanz Homes, Switzerland’s real estate magazine just published a very interesting article on some of the world’s most interesting tax havens worth to by a property. Switzerland itself is one of the investment friendliest countries in the world so Swiss citizens more likely looking for a place to escape the cold and wet winter weather, but where they still enjoy financial advantages.

Countries on that list who are offering a very mild and warm climate, white sandy beaches with palm trees and a relaxing lifestyle are St. Kitts, http://www.luxuryportfolio.com/search/results.cfm?srchType=quick&newstruct=yes&stateQ=&propType=&coun ... Continued on the blog.

Austria ranks Number One for being Best Retirement Haven in the World

2009-11-06T20:10:00Z

According to a recently published study by Forbes, European country of Austria is the best retirement haven. Forbes also states that there is no overall paradise and each country is unique. The ranking is based on a variety of criteria ranging from safety to retiree-friendly visa requirements to decent medical care. Earlier this year, Vienna already gained first place in a ranking for cities offering the best quality of lifestyle ... Continued on the blog.

Wetag Consulting was represented at the Christies Great Estate annual conference in Boston

2009-10-26T15:29:00Z

Ueli Schnorf, CEO of Wetag Consulting, the exclusive affiliate of Christies Great Estates for southern Switzerland, attended the annual conference in Boston, Massachusetts, U ... Continued on the blog.

Amazing conversion of an old monastery into a cool loft space in Como

2009-10-23T16:20:00Z

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Libeskind revolutionary design comes to life in Ticino

2009-10-07T20:23:00Z

What does a Lamborghini, a Stealth Fighter and Daniel Libeskind have in common? Well, it’s pretty simple if you picture the finished product. All of them enjoy the beauty of really great cutting edge design philosophies, boasting awesome attention to detail, employing lines and geometric forms far beyond “normal”.

Lamborghini, the high-end Italian luxury sports car manufacture just revealed its latest model, th ... Continued on the blog.

Demand for luxury and fairytale like living in Morocco remain quite consistent

2009-09-29T20:54:00Z

<center></center> Marrakech is still a destination of interest and with the sale of Yves Saint Laurent former house in Tangier, the country is once again the focus point of many of the city slickers from around the globe. The country features a variety of country sides and fairytale like city living what makes it one of the most sough ... Continued on the blog.

Soneva Fushi by Six Senses receives Condé Nast Traveller Gold List 2009 award

2009-08-25T21:23:00Z

Condé Nast Traveller is a magazine dedicated to travelling all over the world. The fifth annual Gold List is a selection of hotels around the world that spoils their guests with the best rooms, service, food, location, ambience and design as well leisure facilities. Parameter of this ranking is explained by Condé Nast Traveller as the following: “ Entries include the edited comments of readers and are intended to reveal a property’s character rather than to catalog its facilities. Each score represents the percentage of respondents who rated a property excellent or very good on specific criteria. Criteria for ho ... Continued on the blog.

European cities dominate the ranking of cities offering the best quality of life

2009-05-20T13:40:00Z

With 7 of 10 positions, European cities dominate the ranking for cities offering the best quality of lifestyle world wide. Swiss cities Zurich and Geneva almost retaining last year’s ranking and scores and hold position two and three while Vienna moved up one position from 2nd to 1st this year. The survey released by the _bla ... Continued on the blog.

Fractional Ownership – the future of second or vacation homes?

2009-04-28T13:50:00Z

Fractional ownership seems to be the “Messiah” of owning a vacation home abroad. Without a doubt, this is definitely the trend in luxury real estate for the next years. Just recently, the World Forum on Fractional Ownership was held in London, England, an event which was sold out do to the overwhelming popularity of the hottest new trend in real estate. Professionals from all over the globe met to listen to hot market tips from fractional ownership gurus.

Fractional Ownership, unlike its predecessor vacation timeshare, offers the investor a real equity stake in the asset, in most cases the assets are vacation pro ... Continued on the blog.

Remarkable classic style Florentine mansion hits the market

2009-04-22T13:54:00Z

Florence – a well known medieval town on the Arno River, right in the heart of famous Tuscany region. It often gets called the “Italian Athens” because of its cultural importance in art. The city – founded in 59 B.C. – got its name by Julius Caesar who named the city after the “Roman goddess of flowers and growth of plant”. A long time, the city didn’t play a role like Pisa or Lucca, but around the 14th and 15th century it became very important and set ne standards in European’s art and culture scene. Many famous artists like Donatello, Botticelli and later on Michelangelo, Leonardo da Vinci and Galileo Galilee moved to Florence and the cultural history epoch of the Renaissance emerged. Today, Florence st ... Continued on the blog.

Dubai is out – Panama is in

2009-03-17T14:00:00Z

Now, Latin America has its first and only hand made island in one of the best locations of South/Middle America – Panama. Ocean Reef is situated just in front of Panama City’s ocean front skyline in a stunning and spectacular location as a private residential community of only 138 home sites to be built in the Gulf of cosmopolitan Panama City. The development consists of two islands featuring a variety of unique low density home sites, available with different areas and dimensions that redefine waterfront property ownersh ... Continued on the blog.

Tuscany - Former abbey turned into a charming retreat

2009-02-24T14:01:00Z

Tuscany, a synonym for gently rolling hills, a picturesque countryside with rural farmhouses, olive groves, vineyards and sunshine almost through the whole year. More and more people are attracted to the charm of theses old traditional Tuscan farmhouses and looking to purchase their very own dream of the Tuscan lifestyle.

In great position, slightly elevated on a knobby hillside plot, with countryside to ocean views and only 30 minutes from the sea and only 40km from Livorno, is situated a rare and well restored former target= ... Continued on the blog.

Mid-Winter Depression? Get yourself something nice to escape from it all...

2009-02-12T14:07:00Z

While winter is hitting central Europe and even parts of Europe like the UK, where this kind of winter weather is very unusual, people might dream of sunny beaches, blue skies and start to think about where their holidays will be spent, or even buying a second home where they can escape such weather when they want.

There are many places in the world where it seems nice to spend your time and money, but only a few are worth it to think about. Great accessibility, stunning vacation lifestyle and service throughout are the key facts for the most of us. The Caribbean will be almost every ones first thou ... Continued on the blog.