I recently read an article which indicated that transaction costs for US property average between 9 and 10%. This seems staggeringly high to someone like me who is more used to costs around 2%.
The seller has to pay the majority of the US transaction costs and the largest part by far is the Real Estate Broker fee which is typically 6%.
Similar costs in Northern Europe are between 1.5 and 3%. Other overall costs are pretty comparable and consist mostly of taxes and legal fees.
Bitcoin appears to be one of the buzzwords for 2017. Now that we are early in 2018 it appears this and other crypto-currencies are here to stay.
If you are a holder of bitcoin or any other crypto-currencies can you use them for property purchases? Well let’s talk for a moment in a general sense about the crypto currency phenomenon. Continue reading Can I use my Bitcoin to buy property?
There are a number of possibilities to obtain European citizenship.
One of them is citizenship by descent, known as jus sanguinis.
If you are able to demonstrate that you have ancestors from Europe, in many cases you can be entitled to citizenship. Continue reading How to get European citizenship