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Nº 0 - autumn 2020

VÆR DEG MAGAZINE REAL ESTATE INVESTMENTS - GOLDEN VISA INTERIOR DESIGN

The "out of the box" Investors Magazine


Book your Private Jet


VĂŚr Deg Magazine is a publication for "out of the box" investors. In this publication we will deal mainly with topics related to real estate investment as well as other types of alternative investments Another of our sections is citizenship by investment, which is in force in countries such as Malta, Portugal, or the United Kingdom. The Golden Visa attracts foreign investors who want to buy homes or other properties, in return for which they are given a residence permit. Finally, we offer a supplement of decoration and home staging. It is necessary to indicate that, although they are two completely different techniques, since the decoration contributes personality to a stay and the home staging consists basically of depersonalizing, both disciplines have in common that turns a home into a more clear, wide and luminous environment.


Eva Ramírez Founder and Editor in-chief info@vaerdeg.com

Manué Luaces Supervisor Collaborator 

Henrik Sandner

vaerdeg.com/mag Vær Deg Magazine, Tangstad 191, 8360 Bøstad, Norway


#vĂŚrdeg

01

Golden Visa Montenegro.

The "out of the box" Investors Magazine

02

14% of luxury homes are sold without a visit... and it's not because of the coronavirus

03

Index

Travel, entrepreneurship, and investment in Georgia - Europe.

04

Investing in Kazakhstan


#vĂŚrdeg

05

COVID-19 shakes up the real estate market

The "out of the box" Investors Magazine

06

The advantages of obtaining tax residence in Gibraltar

07

Index

What is the Common Reporting Standard (CRS)?.

08

Portugal ends 'golden visas' for those buying a property in Lisbon and Porto


Real Estate SEO and Marketing WEDNESDAY, SEPTEMBER 9, 2020 • VAER DEG • VAERDEG.COM

Golden Visa Montenegro Montenegro or Crna Gora (name in Montenegrin) is a small country in the Balkan Peninsula with 300 km of Adriatic Sea coast and borders with Croatia, Kosovo, Serbia, Bosnia-Herzegovina and Albania. Its name, Black Mountain, comes from the name the Venetians gave it when they discovered the place. With just over 625,000 inhabitants, its capital is Podgorica. Travel to Montenegro It is awaiting to become part of the European Union but uses the Euro. Montenegro is a country in which tourism is entering little by little and therefore many of its jewels are still little known. Thanks to its long coasts, you can enjoy paradisiacal beaches, surrounded by turquoise waters, fishing villages, tiny islands, huge mountains and natural parks One of its best known attractions is the Bay of Kotor, the largest fjord in southern Europe. In Montenegro you can enjoy nature and small charming villages, without crowds. A country to be discovered! Security - Overall, Montenegro is a safe country to visit, also for women traveling alone. Its crime rate is quite low, the people of Montenegro are very warm and friendly. Visas - Most citizens do not need a visa to enter Montenegro. EU citizens can enter with a national ID card, and stay up to 30 days. Your passport must be valid for the duration of your stay. No additional validation is required. However, if you are not sure if you need a visa, visit www.doyouneedvisa.com, which will inform you whether or not you need a visa, depending on your nationality and the country you want to visit. Currency - The currency of Montenegro is the Euro. There are many ATMs available, so you can withdraw

money there, and it is recommended that you exchange your money at the national banks. Credit cards are accepted in the larger hotels and restaurants and are generally accepted elsewhere as well. Tipping is not expected, although it is common to round up to the nearest euro. Climate - The areas of Montenegro along the coast enjoy a mild Mediterranean climate, with very hot summers (May to October) and mild, rainy winters. The central and northern regions have a continental climate, where temperatures can drop to -3°C during the winter. In the northern mountains, snow is often present even during spring. Airports - Podgorica Airport is an international airport located in the capital of Montenegro, Podgorica. It is one of two international airports in Montenegro, the other is Tivat Airport, located in Tivat, a city in the coastal region of Montenegro. Travel Insurance - As in any other place, we recommend that you take travel insurance when traveling to Montenegro, as it would cover not only medical problems but also theft and loss of valuables. Citizenship by investment In 2018 the Government of Montenegro decided to create the Montenegrin Citizenship Center, which offers legal support to institutions or intermediaries interested in citizenship, tax residences or investments In spite of having only 620,000 inhabitants, Montenegro has managed to become one of the best tourist destinations in the world, being mentioned in numerous renowned portals. This boom has been increasing since 2000, when tourism in the country doubled its income during the decade. In addition to this, the accession to the euro - in 2002 - represented the most significant change in recent years, allowing investments in areas of basic services such as improvements in infrastructure, drinking water and electricity. Such reforms in the country translate into stability for all those interested in obtaining citizenship through investment. This allows Montenegro to be in a position to offer excellent benefits to foreign executives Among the benefits, we find that there will be the possibility of traveling without a visa to all those countries that are part of the Schengen agreement, in addition to others such as Cyprus, Russia or Croatia. Also, an investor can apply along with his family group; this way, the whole family would receive the citizenship (spouse and children under 18 years of age). The most relevant reason for acquiring citizenship by investment in this country is that it is expected to become

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part of the European Union from 2025. In other words, if you get a positive answer now, you would be an EU citizen as soon as this measure is officially approved. The investment requirements are as follows: 100,000 euros in the form of a Government Fund Donation, and250,000 investment in approved real estate assets in a developing region (north of the country), orInvestment of 450,000 euros in approved real estate assets in a developed region (south of the country)Each applicant will pay a government fee of 15,000 euros, with family members paying 10,000 euros each, up to a maximum of four. Each of the following family members will pay the amount of 50,000 euros. What makes the program even more attractive is the speed of the application process, which allows for a permanent residence status after 3 weeks, considering its strict and outstanding due diligence processes. It is then that citizenship is granted within a period of six months as permanent residents. Montenegro has submitted strict criteria for classification for citizenship, including No criminal record in Montenegro or any other state as a result of a prison sentence of more than one yearPositive outcome of an international due diligence assessmentOutstanding investment in a program that contributes to Montenegro's economic and business development, preferably within the tourism, processing or agricultural sectorsProof of the origin of the fees to be paid Luxury Destination

are reminiscent of the world of sailing. Its swimming pool is ideal for an aperitif and lunch, even in winter, when temperatures are milder than on the other side of the mountains. Luxury resorts The Lazure Marina & Hotel complex in Herceg Novi is located on the other side of the bay in an old 18th-century hospital. There is a luxury hotel, its own marina, an indoor swimming pool, and a restaurant where chef Ilona Radovic surprises with her desserts that can be considered works of art. Another complex that displays magnificence is the Aman Sveti Stefan, in the Villa Milocer, which was the summer residence of Queen Mary of Romania when Yugoslavia was a monarchy The Mediterranean Fjord The bay of Kotor, being protected by the Dinaric Alps, has a milder climate and allows it to have more abundant vegetation than the interior of the small country. Its people have traces of the different cultures that passed through this protected corner of the Adriatic, from Roman temples to Ottoman fortresses, passing through Venetian palaces and Astro-Hungarian residences. Traveling along its 100-kilometer coastline can be very long to do by car due to the complicated orography, so an escape can be better used with the boats that cross from town to town.

The port of Montenegro, from being a former naval base, was transformed into an elegant magnet for large fortunes fleeing the spotlights of Monaco Great fortunes and celebrities prefer discretion, but if possible, without sacrificing the beauty of the landscape. If there are too many spotlights and paparazzi in Marbella, Ibiza, Mykonos or the Costa Azul, in the Adriatic the port of Montenegro emerges as the new option of ultra luxury. In the bay of Kotor, south of Dubrovnik, this is considered the last fjord of the Mediterranean, in a place where tourism did not go beyond that famous medieval Croatian city. This marina boasts elegance and facilities to accommodate large yachts, with a five-anchor service (the equivalent of five-star hotels), awarded by the Yacht Harbour Association. Along with the port, the small town of Tivat saw the flowering of high-end hotels, sophisticated restaurants and villas with generous spaces and windows overlooking the Adriatic. High-end hotels and restaurants

14% of luxury homes are sold without a visit... and it's not because of the coronavirus

One of the hotels that shines in this complex is the Regent, a five-star hotel with architecture inspired by Italian palaces. With 149 rooms and suites, its blue and beige tones

The coronavirus has pushed real estate to reinvent some of its business The coronavirus has pushed real estate developers to reinvent some of their business, but in some cases, the

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business was already ahead of them. At this time when the coronavirus has wiped out any expected economic forecast, selling a home has become impossible unless the digital presence of the home is such an attractive attraction that a physical visit is incidental. So much so that almost 14% of luxury home buyers buy assets without visiting them. There are two decisive factors in carrying out this type of transaction: the transparency of the information offered and the ease with which, with the use of technology, virtual visits can be made to the property. However, "it is always necessary to feel a special feeling to take the next step. That is where the local contact is decisive in making the final decision Before COVID-19, the reason for this remote sale was because the buyer lived abroad and although they did not have time to see an interesting property recently put on the market they did have a person of total confidence onsite to give the go-ahead to the property. The luxury real estate sector in times of coronavirus Week by week the economic forecasts are changing as we are facing a new type of recession, where a 10% fall in GDP is predicted for 2020, according to Goldman Sachs in its last report, and a partial or almost total recovery of what was lost during 2021. We are facing a global crisis in which we all start from similar conditions once the pandemic is under control. A window of opportunity is opening in several markets, including real estate, to buy at discounts of between 10-20%. Given the period that we are going to start with a decrease in the number of operations, those who have the need to liquidate their properties are going to assume these discounts to achieve it. Real estate is a sector with a lower speed compared to others so it is likely to take longer to recover the same figures of business volume, real estate is a refuge for most savers and in prime locations prices will not be affected as surely occur in more humble locations. Trends for 2021 in the luxury real estate market The high-end residential market (between 6,000 and 9,000 euros per square meter) is also suffering the consequences of the health and economic crisis of the coronavirus. Before the arrival of the COVID-19, price increases were expected throughout 20 large cities around the world with weight in the sector. Now, according to some forecasts, only four of those twenty cities - Lisbon, Monaco, Shanghai and Vienna - will see moderate growth (between 0.1% and 5%) throughout 2020. Other major cities such as Berlin, Paris, London and New York will see a stabilization or moderate decrease in prices, which will be between 0% and -5%. At the beginning of 2020, Paris (with a 7% increase), Miami and Berlin (5%), and Geneva and Sydney (4%) were the cities with the greatest prospects for improvement. Now, in the post-Coronavirus scenario, all these cities will see their rates stabilized or in free fall.

With regard to the prices of high-income housing, some real estate consultants point to an average decrease of 2.5% in the year-on-year change during 2020, to then see a rise of 1.1% in 2021 (similar to the 1.2% reached in 2019). However, for the recovery of the prime market, it will be essential to relax travel restrictions and return to normal for airlines. However, it will take more than a year for the volume of prime sales to recover to previous levels. In Europe, initially, local buyers will lead these transactions, while the international investor will take an average of three to six months more to sign acquisitions.

Travel, entrepreneurship, and investment in Georgia - Europe Georgia (in Georgian: საქართველო) is a sovereign country located on the Black Sea coast, on the border between Eastern Europe and Western Asia. Geographically its territory has been classified as Eurasian, although culturally, historically, and politically, Georgia is considered to be part of Europe. Until 1991, it was part of the Union of Soviet Socialist Republics (USSR). It shares borders with Russia to the north and northeast, with Turkey and Armenia to the south, and with Azerbaijan to the southeast. The capital is Tbilisi (in Georgian: თბილისი, Tbilisi), although since 2012 the Parliament has its seat in the city of Kutaisi. This Caucasian country is home to the most impressive mountains in Europe, composed of gigantic glaciers, dreamlike meadows and snow-capped peaks above 5,000 meters; and a vibrant capital Georgia has a very strong national identity, which is visible in many ways, from having its own Christian branch, to its unique architectural style, highly elaborate cuisine, and deep-rooted wine culture. Today we are going to talk to Adrian, a young Spanish entrepreneur who lives in Georgia. He helps other

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entrepreneurs to establish their economic activity in this wonderful country through the formula that best suits their criteria and needs. Interview with an entrepreneur in Georgia Note: All the web pages shown here are in Spanish, but they can be translated into other languages using services such as Google Translator Could you start by talking a little bit about yourself and what brought you to Georgia? My name is Adrian, a 27-year-old Spanish entrepreneur. For 6 years (and currently) I've been working in digital marketing, even though as a born and compulsive entrepreneur I always try to investigate new sectors and create new business models, as a result of the opportunities I see. For me, creativity is key to identify those new niches where I can "give it all". Travel is also a good method to capture new business models in other countries where perhaps a certain sector or type of business has not yet exploded, and you see the opportunity to create it yourself. Georgia is a wonderful country, because of its hospitable people (they believe that a guest is a gift from God), because of its security (it is the tenth safest country in the world), because of its excellent food (I would talk for hours about its wonderful gastronomy, for many of the best, historical and most complete in the world) and because of its wonderful natural landscapes, with mountains on one side (Caucasus) and coast on the other, and with borders with some countries that are tremendously recommended to visit, such as Turkey, Ayerbaiyรกn or Armenia. What are the advantages of Georgia for investors? Especially, I'll tell you about the entrepreneurs as it is what I know best in my day to day, and in fact is what I try to help with tumpresaengeorgia.com As an entrepreneur: If you create a company in Georgia (LLC or LTD) you don't have to contribute share capital, which in Spain you do, and whose share capital is 3,001 euros.The opening of the company, as well as the registration as an individual entrepreneur, is done in just one day, and after acceptance by the relevant institutions, the next day you can start operating your companyTaxation in Georgia is tremendously friendly:20% tax on salaries (e.g. to allocate a salary to yourself within your company)In the case of profits and distribution of dividends, you must pay 20% tax, breaking this down into 5% on profits and 15% on the distribution of dividendsSetting up the company is simple and the state fee is simply 105 laris (about 30 euros)VAT is 18% and in some cases, such as foreign income, VAT is not paid. You can also decide, in case you have an income of less than 100,000 GEL per year (local currency), not to pay VAT. As an investor, of course you also have many advantages, among them The investment in real estate in Georgia is booming and you can get very good prices to buy a house here, for example in Batumi for 30.000 USD, and also of course in Tbilisi There is a very interesting option for investors, legal

and reliable (although recommended to make with a local advisor, in fact, tuempresaengeorgia.com also help to make this procedure) which is to support a Georgian economically, say for example that you "loan" 20,000 USD, in exchange the local person guarantees the loan with your home, which on the other hand happens to be managed by you as an investor for the duration of the loan. During that time (say 2 years, subject to negotiation) you rent the property to the person to whom you lend them money, and they pay you a monthly amount for continuing to live in the property. Once the loan has expired, the money is paid to the investor in full, and if not, the property becomes the investors. Investment in a plot of land, for example in the area of Tbilisi Sea (in the capital) as well as in other towns of Georgia can be made an investment in building land, expected to grow its value in the next 5 years up to 9 times. Options to invest in land for growing nuts and other crops are also valued. Undoubtedly something very profitable in this country. Kutaisi, Georgia A few years ago, the news talked about the existence of conflicts in some regions of Georgia. Is it a safe country? There are two places in Georgia that are currently and have been in conflict for years, these are Abkhazia and South Ossetia. To make it easier for you, let me send you the link to my other blog viajageorgia.com where you will find information about the territory. The conflict is peaceful in principle, but it is true that from Georgia access to both places is not allowed as they are occupied by the Russians. If you want to enter these areas you must go through Russia but if you do, it is advisable to have a private guide and never go alone, as they are somewhat conflictive places (sometimes, not always). IMPORTANT: In case of accessing to both territories, Georgia will not let you enter again to Georgia, therefore nobody accesses to the territories, except those who have permission to do so (people working in public institutions, or those who have the residence or permission to do so) www.viajarageorgia.com/osetia-del-sur www.viajarageorgia.com/abjasia And what could you tell us about safety on the streets, is it a low crime country? I recommend the following reading also from our blog, where we talk ironically about safety. We decided to create this article because, with ignorance, many people think that because of the area where it is located, Georgia is not a safe country. And for nothing, it is a beautiful and completely safe country, highly recommended from my position, being a young entrepreneur and living in this country Recommendedarticle:https://viajarageorgia.com/segu ridad/10-motivos-no-viajar-a-georgia-es-peligroso/ Is Georgia a country that favours entrepreneurs? It is a country that for skilled, courageous entrepreneurs who want to undertake, travel and visit new

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places, is the ideal place, since it is not only attractive in terms of taxes but also allows you to "start" a business without excessive expenses since it is a country where the cost of living is one of the lowest in Europe, similar to certain Asian countries (even cheaper than many Asian countries). Although it is true that the salaries in the country are low, if your company depends on foreign clients and not only Georgians, and therefore you can opt for an economic condition, assigning you a decent salary, you can live comfortably in this country. Batumi, Georgia Why do you think it is still an almost unknown country for start-ups? I don't think so, it is true that other countries or places in the world have more publicity where they are clearly considered favorable from many points of view for startups, however at present the ecosystem of startups in Tbilisi is already 600 and growing. In my case, I can tell you that from tuempresaengeorgia.com we receive dozens of requests, questions, and interest from Hispanics (mainly from Spain) with intentions of coming to this part of the world to live and start their own business. In addition Georgia is witnessing an increase in interest from digital entrepreneurs and, very skillfully, have created a new mechanism VERY ATTRACTIVE for entrepreneurs called VIRTUAL ZONE, which allows to have the conditions of an LLC mentioned above, and also other advantages such as: Not paying 18% VATNot paying 15% tax on the dividend, paying only 5% on the profit Of course not all companies can benefit from this form of virtual area and is a procedure that from tuempresaengeorgia.com help to make. What features would you highlight of its tax system? The above, in addition to the tax benefits, the facilities to create a company, the speed of acceptance and implementation. What could you tell us about real estate investments in Georgia, do you think it is a good time to acquire real estate? Regarding investments, the above mentioned, not only in real estate investments but also inland and even loans. And regarding the moment, unquestionably, it is an interesting moment to value the acquisition of properties at lower prices due to the situation, although in my personal opinion, now it would be advisable to have the maximum cash flow possible and to sell as many properties as you have and do not need or do not generate income. This is my personal opinion, and regardless of the situation and country in which they are. Anyway, if there are investment options, Georgia is an attractive place, but I would start with another type of investment (agricultural or loan) before real estate since tourism right now is in a somewhat uncomfortable situation and the rent would be lower because of the property. Could you tell us about the character of Georgians in general, how they usually perceive foreigners? In general, Georgians are always open and close to

foreigners who visit their lands. Like everything else in life, there are exceptions and specific cases. If your trip is atypical and you carry out activities outside the law, obviously you will have the due consequences of the law in a country where it looks much at the security, as we have spoken to you. The main cities like Tbilisi, Batumi, Kutaisi, and Rustavi are practically free from any kind of danger, being the main tourist attractions. But don't worry, if you want to make your visit to another level and do something more atypical (a less touristy plan) you have incredible options. Horseback riding, biking, and many other plans that will make your experience unforgettable. Is it also a country recommended for women who go solo? Unquestionably, all of the above positively impacts both sexes indistinctly, in fact, I know great European entrepreneurs who are offering their services for clients from different countries, living in Georgia and very comfortable with their situation in this country. Besides, we "expats" are people who relate to both local and international people and receive support, help, and positivity from both sides, not only from the international side. The locals love to offer hospitality and they love to meet motivated and talented people who come to their country to undertake. Tbilisi, Georgia Is it essential to know the Georgian language to start a business there, is there a good level of English among the population? It is not necessary at all, because to open a company or any documentation to be done (opening a bank account, getting your Georgian SIM card or even going to the gym), or any relationship with potential Georgian clients can be done perfectly in English. As far as people with disabilities are concerned, is it complicated to start there, is there good infrastructure or are there any kind of facilities? Georgia is a mountainous country, small and although it is true that it tries to improve in many aspects day by day, perhaps they do not have the best accessibility or facilities for people with disabilities, for example in the metro (I do not know of any metro with a lift, but some do have their facilities for people with disabilities). The bus does have its necessary equipment but in general walking the streets of Tbilisi, for a person with a disability, can be a difficult task. On many occasions the capital is under construction, the streets are half done (as many buildings are being built and renovated) and perhaps it would not be the most comfortable for the disabled person. It will be something that they will change since as I know, they are investing in the improvement of facilities and equipments, for example recently they have changed many intercity buses for more ecological, new and with everything necessary. I send you an article about it https://agenda.ge/en/news/2019/3301 Finally, tell us about the services you provide At tuempresaengeorgia.com we help everyone, regardless of the country where you currently reside (although most customers are Hispanic, Latin American

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countries and mainly from Spain) and help them create their business in Georgia, as well as resolve any questions related to the country, any legal and or tax issues. You can find all our services and information here: http://tuempresaengeorgia.com/servicios You can consult us what you want and contact us at crea@tuempresaengeorgia.com WhatsApp +995 599890261 Or also by the form on the website http://tuempresaengeorgia.com/contacto Finally, if you want to know the updated status of the CORONAVIRUS in the country, you have all the updated information here: https://viajarageorgia.com/salud/coronavirus/ (Spanish) https://stopcov.ge/en/EntryRules (English) Travel tips to Georgia Kutaisi, Georgia Tourist visa Free 1-year visa - Georgia has one of the best visa policies in the world, as you get one year's free visa upon arrival in the country. This year is automatically renewed once you leave and re-enter When to travel to Georgia Tbilisi can be visited all year round because even in winter it is not very cold and you will not meet many tourists. Summers in Tbilisi is very hot, but it is the best time to enjoy the rest of the country. Visiting Georgia in winter - Georgia has a couple of ski resorts, they are fine for those who live in Dubai and other hot spots, as it is the best ski resort nearby. Visiting Georgia in spring - The mountains are in bloom and the good weather is starting, but it might be a little early for trekking in the Georgian Caucasus. Visiting Georgia in summer - The best time to go trekking and visit the Black Sea coast. Visiting Georgia in autumn - The harvest time is in the middle of September, so for wine lovers, this is the best time to visit the Kajeti region. How to get to Georgia How to travel to Georgia by plane Via Tbilisi - Tbilisi has many connections to Europe, some Asian destinations, and many cities in the Middle East. Via Kutaisi - In Kutaisi is the airport that has flights from Wizzair that connect to many cities in Europe. How to travel to Georgia by land Russia - The only border that is officially open is the one in Kazbegi. Azerbaijan - There are two official borders, one closer to Tbilisi, which can be crossed by train, and one in the Kajeti region. Both are friendly and easy to cross. Armenia - You can choose from three borders, depending on your destination. Turkey - There are two open borders. Ukraine - You can travel to Georgia by ferry from Odesa in Ukraine. There are two companies that operate (Ukrferry, and Ferrysped) Tbilisi

Tbilisi, Georgia It's the capital of Georgia. It is a very comfortable city to visit and it is all well connected. It is an unknown city for many Europeans - for the moment - but I have no doubt that in a few years it will be one of the next fashionable tourist destinations. The most comfortable option to get from the airport to the center is to hire a transfer from the airport to your hotel, you will avoid getting on and off the bus, taxis, etc. It is a friendly and quiet city where you can walk and enjoy tradition and modernity. The new buildings like the Peace Bridge, the Rike auditorium or the mushroomshaped building of the National Bank of Georgia caught my attention. This is where the Silk Road used to run, strategically located between Europe and Asia Find your hotel in Tbilisi Booking.com (function(d, sc, u) { var s = d.createElement(sc), p = d.getElementsByTagName(sc); s.type = 'text/javascript'; s.async = true; s.src = u + '?v=' + (+new Date()); p.parentNode.insertBefore(s,p); })(document, 'script', '//aff.bstatic.com/static/affiliate_base/js/flexiproduct.js'); Kutaisi Kutaisi, Georgia Kutaisi is the third-largest city of Georgia, in the Imereti province of Western Georgia, 221 km west of Tbilisi Kutaisi was founded about 4 millennia ago and is one of the oldest continuously inhabited cities in the world. In this city you can find the cradle of the ancient Georgian civilization, the church of Gelati with the most beautiful frescos of Georgia and a spectacular surrounding nature Kutaisi is a very quiet and very safe town. You will only have to take the precautions you would take in your own city. Find your hotel in Kutaisi Booking.com (function(d, sc, u) { var s = d.createElement(sc), p = d.getElementsByTagName(sc); s.type = 'text/javascript'; s.async = true; s.src = u + '?v=' + (+new Date()); p.parentNode.insertBefore(s,p); })(document, 'script', '//aff.bstatic.com/static/affiliate_base/js/flexiproduct.js'); Batumi Batumi, Georgia Batumi, the capital of Ayaria, is a tourist and port city on the shores of the Black Sea. Batumi boulevard includes a promenade, a park and a beach. The Alphabet Tower, 130 m high, is decorated with the Georgian alphabet and has a viewpoint overlooking the sea. The old town is dotted with restored buildings dating from the 19th century. To the north of the city, the Batumi botanical garden has examples of flora from all over the world. It is not very common to find a city with a diversity of religions, casinos, palm trees, the sea, the snow-capped mountains of the Caucasus, a dolphinarium and an original and surprising modern architecture packed into such a small area.

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The nearby Mtirala National Park or the Keda mountain region are impressive, with magnificent mountains, lush forests, wild rivers, hidden waterfalls and stone bridges built centuries ago. This is a completely different world from Batumi located only a short walk away. You must visit Batumi at least once to try khachapuri de ajara, a dish specific to this region where the dough is molded into the shape of a boat and covered with butter and raw eggs to be served together. A real delight. Find your hotel in Batumi Booking.com (function(d, sc, u) { var s = d.createElement(sc), p = d.getElementsByTagName(sc); s.type = 'text/javascript'; s.async = true; s.src = u + '?v=' + (+new Date()); p.parentNode.insertBefore(s,p); })(document, 'script', '//aff.bstatic.com/static/affiliate_base/js/flexiproduct.js');

Investing in Kazakhstan Kazakhstan is a country in Central Asia stretching from the Caspian Sea in the west to the Altai Mountains in the east, bordering China and Russia. Almaty is its largest metropolis and is a former commercial center. Kazakhstan is bordered by China to the east, Russia to the west and north, and some central Asian countries such as Kyrgyzstan, Uzbekistan, and Turkmenistan to the south. In addition, to the west, it is bounded by a stretch on the banks of the Caspian Sea. Astana (Nur-Sultan, is its new name), has been the capital since 1997. It has a rapidly growing population and in 2017 it hosted the World Expo. In Kazakhstan, the climate is continental, as the country is far from the open sea (except for the Caspian Sea area, where temperatures moderate somewhat, but in the rest of the country, they are extreme. Summers are very hot, especially in the center of the country, with temperatures that can reach 40ยบ, and drop to 20ยบ at night.

Winters are very cold, even in the desert, and temperatures can reach -40ยบ. In the steppe the dry wind is short. And from November it snows and leaves the mountains white until the months of April-May. The rains are more frequent and have a higher level in the mountains (1500 mm/year), while in the desert they have a level of 100 mm per year. In the steppes, summer rainfall comes in the form of storms that can cause unexpected flooding 10 reasons to invest in Kazakhstan: Rich and abundant natural resources. Kazakhstan is the sixth-largest country in the world in terms of natural resource reserves. In fact, one of its pioneering industries is the refining and development of oil and gas infrastructure. In addition, among other materials, the country extracts uranium, gold, silver, copper, coal, or chromium iron. These raw materials are also the basis for important chemical industry.Geographical readiness. The country is located in the heart of Eurasia, on the territory of the Silk Road. Through Kazakhstan, the main transcontinental routes linking the Asia-Pacific region with the Near and Middle East and Europe pass. In addition, three of the emerging BRIC countries are close to it (Russia, China, and India).Political stability. An example of the success of its foreign and domestic policy is Kazakhstan's chairmanship of the OSCE (Organization for Security and Cooperation in Europe) or that in 2011 it became the first Central Asian country to host the World Islamic Economic Forum.Favorable business climate. There is a favorable business climate for investors. In fact, it is the leading country in the Commonwealth of Independent States (CIS) in terms of the volume and quality of its reforms, in areas such as the reduction of administrative barriers or good customs and tax control. Kazakhstan is 49th in the Doing Business Index (China, for example, is 91st) and 32nd in the International Institute for Management Development Index (Russia is 48th).Investor protection. Kazakhstan has also signed an Agreement on Mutual Investment Promotion and Protection with 45 countries, which provides guarantees to protect the rights of investors such as the right to resolve disputes in international arbitration courts.Presence of multinational enterprises. Due to these favorable conditions, several multinational companies are already present in Kazakhstan, such as Microsoft, Siemens, Nestle, Toshiba, Danone, LG, or the Dutch aviation and space expert EADS, as this country also has the largest space complex in the world (Baikonur).Foreign Direct Investment (FDI) volumes Thanks to this favorable business climate and political stability. Since 1993, the total amount of FDI attracted by this country has been over $160 billion. The Netherlands has invested the most money ($40.47 billion).Economic development. Over the last decade, the country's GDP has increased by eight (from $24.6 billion to $188.05 billion). According to the World Bank index, Kazakhstan belongs to a group of middle-income countries and has one of the best GDP

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indicators among ICE countries. Its GDP per capita, as of 1 January 2012, is $11,356.The markets of the Customs Union. Kazakhstan's entry into the Customs Union, with a market capacity of about 170 million people, opens up new opportunities for investment in the country. For example, through this territory, products will be able to move freely to the markets of Belarus and Russia.Industrial and innovation development. In 2010, the Government of Kazakhstan approved its State Programme on Accelerated and Innovative Industrial Development for the period 2010-2013, with the aim of creating new export-oriented high-tech industries, developing infrastructure, and strengthening innovation. Real estate investments in Kazakhstan Can foreigners buy a home in Kazakhstan? In accordance with the Law of the Republic of Kazakhstan "On the Legal Status of Foreigners", foreigners permanently residing in the country with a permit have the same rights and obligations as citizens of Kazakhstan. Foreign citizens who have not received a special permit in the form approved by the Government of the Republic of Kazakhstan, i.e. a permanent residence permit, for a limited period of time, may not purchase real estate there. Once they receive this document, they may purchase a house anywhere in Kazakhstan. Citizens who do not have such a permit must obtain the documents necessary for permanent residence in Kazakhstan. Is it profitable to invest in resort real estate in Kazakhstan? Kazakhstan's domestic tourism is not yet fully developed. The lack of infrastructure and the low level of service make it necessary to think carefully about selling private real estate in the resort area. Many people think of the sea, the vast steppes, the two capitals with beautiful architecture, and investing in resorts. It is necessary to promote domestic tourism. However, Kazakhstan does not have a clear development program and no overall source of funding has yet been found. Tourism development will depend on the help of investors. Several bold steps have been taken in this direction, for example, the construction of the Rixos Hotel in Borovoye or the creation of an international class tourist town "Kenderli" in Aktau, however such innovations are still insufficient. Real estate prices in Kazakhstan's tourist areas vary. This can be explained as follows: for example, an apartment and house in Schuchinsk or Borovoye cannot even be compared to Almaty. Despite the danger of an earthquake in the bustling city, real estate agents are investing in other areas. One of the most touristy areas is the Almaty region. Real estate in the resort area is known to be an investment in the first place, and investment generates income. The payback period for real estate investment is

5-6 years. If we talk about important resort real estate: resorts, vacation homes, hotels will start to pay off in twenty years, and even more. Why? Because, most of these investments are made through loans, and the loans are issued for 10-20 years. It is too early to discuss the development of the real estate market in Kazakhstan. It is related to the commercial real estate market, which is still small, if the banks lend, it will revive, if not, it will freeze. What about Karkaralinsk, one of the most picturesque resorts? It has a number of advantages. Because of its proximity, residents of Karaganda and Astana prefer to rest here. The cost of real estate here depends on its quality and location. There are not many properties for sale. In Karkaralinsk, Kazakhs have the opportunity to own a private hotel room in a mountain hotel. Hotel room sales programs have long been successful in Turkey, Spain, Bulgaria, and other countries. Buying a hotel room is doubly beneficial: you can come and relax at any time, a certain amount is allocated to the owner each month - the rent. As a general rule, 50% of the total amount of the rent is transferred to the owner's account, and 50% is spent on utilities, i.e. service bills and maintenance of the room. Real estate, including that in the tourist area, is purchased by entrepreneurs who are expanding their businesses. They want to increase their income by renting out real estate.

If we consider the purchase of the real estate in the resort area from a commercial point of view, investing here generates 30-40% more income than real estate in Karaganda or even Astana. If you want to buy real estate in a resort, it should operate without interruption throughout the year. However, during the fall and winter months, the number of tourists in these areas decreases. If you plan to make money in the summer, you should invest in Balkhash and Alakol. Leasing is a very complex business that requires constant monitoring, supervision, and investment. It is advisable to have a manager deal with the issue of leasing, but in Kazakhstan, this system is still being developed. If you consider leasing, there is a general formula for obtaining future income from the sale of real estate. Approximately 1% of the total cost will go to you in the form of rent. If you buy an apartment in the resort area for 100 thousand dollars, you can rent it for one thousand dollars a month. In Karaganda, this percentage is lower: not 1%, but about 0.6-0.7% of the total cost. If you invest 100 thousand, you will get a net income of $700. Through the company manager, the owner gets a little more than the rent when buying a hotel room: 1.2%, not 1%, but he will have to deal with advertising, repairs, working with clients, etc.

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The other coast Tourism in Kazakhstan is still not at the same level as the Baltic countries, Ukraine and Russia. Its tourist areas are a business that has been established since the Soviet era. Therefore, real estate there is very expensive, but the price is right for the resort. However, in Kazakhstan, measures are being taken to expand the tourism business: roads are being built, the ski resort is being improved. It is necessary to plan the construction of a hotel. In Turkey, the state reimburses the owner of any hotel for 40% of the cost of construction. Its construction includes the construction of 5-6 new hotels per year. We do not have such a program, the state does not plan to build several hotels a year in different regions, on the contrary, investors would follow the same path. If we have something, everything is busy and in a hurry. Rixos Hotel invested a lot of money and did the job. However, nobody wants to buy a room for $500 a day, because in Borovoye you can live in a tent. The price of real estate in tourist areas depends on its location, infrastructure, climate and quality of construction First of all, the investor should take into account the short duration of the summer season in Kazakhstan. For example, in the northern regions of the country, summer lasts only two months. And during the long winter, a lot of money has to be invested to maintain the real estate. Therefore, it is necessary to study and calculate everything, and then the potential investor will make his choice. For example, the price of an apartment in the Azura Park complex in Alanya, Turkey, is much lower than in the capital and in Almaty. The infrastructure is well developed in Turkey: from restaurants to kindergartens and clinics, there are several swimming pools, as well as private beaches on the Mediterranean coast. In addition, the company offers comprehensive solutions for real estate management, i.e. when you rent this apartment, you will inevitably generate income. Therefore, foreign offers are very convenient for investors. Kazakhstan Residence by Investment Program Kazakhstan is set to announce its investor visa programme. Details are not finalised at this stage but the investment limit is expected to be in the region of USD$100,000 to $200,000. The newly established Astana Financial Center (AIFC) of Kazakhstan is set to be the centre for any investment for HNW investors seeking a residency visa. Astana International Financial Center (AIFC), will be a hub for the region, on the gateway between East and West. Part of the AIFC plan includes the development of a residence by investment program. The investment requirement will be between US$100,000 and US$200,000 invested in either: A fund listed on the Astana stock exchangeBy buying securities listed on the exchangeBy buying real estate within the borders of the AIFC The program would grant applicants instant

permanent residence in Kazakhstan, with rights such as health insurance, social security, and retirement benefits. At this stage the program appears limited to permanent residency in Kazakhstan. There are no details of any citizenship by investment programme for Kazakhstan.

COVID-19 shakes up the real estate market There is much uncertainty about how long the pandemic will last and how it will alter both the tourism and the housing market. Temporary border closures and restrictions on mobility have affected international demand for both rental and property purchases. Another question will be whether this decline translates into lower prices. The confinement produced by the coronavirus already affects tourist rentals, causing owners to opt for long-term rentals in these times of uncertainty. Moreover, the pandemic has spread asymmetrically: while in Europe it seems to be subsiding, in countries like the United States or Brazil it is in full virulence. These different speeds will be one more factor making a global return to normal difficulty. Issues such as the possible availability of a vaccine or effective treatment for COVID-19, possible resurgence and how the economy evolves in the "new normal" will also have to be taken into account. Construction paralysis, new buyer demands Although it is still early to take stock, the fall in GDP, the increase in unemployment and the fall in disposable income all point to a fall in demand and a decline in prices in the real estate sector. In addition, the bankruptcy and difficulties of builders and developers due to the crisis and the paralysis in economic activity caused by the pandemic may affect the market for newly-built housing.

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The key, which no one knows right now, is when we will be able to return to a situation similar to the one we had before the appearance of COVID-19, with freedom of movement between countries and without having to avoid crowds. What is clear is that, after the confinement, new trends in purchases and rentals are going to occur. It is foreseeable that the demand for housing on the outskirts of cities and with gardens, and for residences in the countryside, will increase. If, in addition, teleworking becomes normalized as a result of this crisis, it is more likely that there will be a move from the usual city housing to less urban or rural environments. New paradigms for the real estate sector The real estate sector will have to look for new challenges and market niches. The expansion of the coronavirus, and its effects on social habits, impose new needs on buyers and tenants in search of housing. On the other hand, due to the increase in online purchases, the pandemic has produced a great boom in the entire logistics sector, which will probably continue beyond the de-escalation. Hence, buildings and land for large distribution platforms may be an investment opportunity within this crisis. It will also change the way of buying and selling houses and properties through agencies. Real estate groups are looking to approach the client through all available channels (advertisements, billboards, telephone marketing, social networks‌) and accompany them through all stages of the process of buying a home. There is also a trend towards digitalization in this market (visits to properties through augmented reality, social networks‌). Physical visits to properties will be accompanied by hygiene and prevention measures. Even the design and construction of homes could change after the pandemic, trying to prioritize prevention, redefining common areas, and designing to minimize user contact with surfaces outside their home. In addition to the location of the home, natural light, gardens, teleworking spaces, and balconies and terraces will take on new prominence.

The advantages of obtaining tax residence in Gibraltar Gibraltar is unique: 6.5 square kilometres where there is room for two continents (Europe and Africa), two seas (Atlantic and Mediterranean), more than 30,000 Gibraltarians and citizens of other nationalities, a multitude of different religions, a dialect of its own, the llanito, an airport that defies the laws of physics and the only 200 monkeys in freedom in the whole of Europe. This is just the beginning. Gibraltar is a town with great economic power, it is also a very touristic place. Besides (as in Monte Carlo or the Principality of Monaco) everything is luxury, high-end cars and incredible luxury shops, suitable for large fortunes. On the other hand, Gibraltar has a lot to offer to the visitor and the resident: a wide range of cultural, leisure, sports in nature and wonderful places Both its lifestyle and its natural environment make Gibraltar a unique place in the world to live. As you would expect, Gibraltar enjoys a Mediterranean climate, although it is slightly cooler than other Spanish cities on its southern coast. However, you can expect warm summers and very mild winters. How to get there To get to Gibraltar, which is in the south of the Iberian Peninsula, you will normally arrive by car. The border can be crossed by car or on foot. If you want to avoid the queues, a good recommendation is to leave your vehicle in the outside parking lot before passing the police checkpoint. Then walk past with your passport in hand and that's it. On the British side, you will have buses or taxis that you will find no problem once you are in Gibraltar. If you are driving through Gibraltar we recommend you park and walk. In this case, you can leave your car in one of the two free car parks: the one in the square where you take the funicular and the one in Catalan Bay (be careful not to park in the yellow zone, for residents, or park in the blue zone without paying the ticket. You will be given a wheel lock and a 50 pound fine). If you are staying in a hotel, ask if they have a parking space. The other way to get there is by plane. And you will do

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it in one of the most peculiar airports in the world. This airstrip crosses an avenue, so you will be able to see planes, cars, or pedestrians, depending on the time of day. Where to sleep in Gibraltar The options for sleeping in Gibraltar are many. But, if you want to live a unique experience you can sleep in a boat hotel, Sunborn Gibraltar. It is in a wonderful area, Ocean Village, very close to the city center, it is a boat converted into a 5-star hotel, Sunborn Gibraltar. You can enjoy comfortable rooms with views of the harbor. Excellent customer service. An infinity pool on the terrace. Proposals for leisure and relaxation, including free sauna. What to see in Gibraltar Skywalk To give you an idea of how beautiful Gibraltar is, the first thing you can do is climb to the Top of the Rock. One of the ways to do this is on the cable car, which goes up to 412 meters. From there you are very close to the new tourist attraction, the Skywalk. From this glass walkway, which was opened by Luke Skywalker himself, the character in the Star Wars science fiction saga, you can take great pictures. Rock Nature Reserve: caves, tunnels and other gems of Gibraltar At the top of Gibraltar, is its environmental jewel: the Rock Nature Reserve. Yes, these are the places you normally visit on excursions to Gibraltar. There are two types of tickets to visit it, one that allows you to walk around the nature area, the area where the macaques are, and another that also includes tickets to the tourist attractions This last entrance gives access to St Michael's Cave, the Monkey's Den, the Great Siege Tunnels, the Moorish Castle, the Military Heritage Centre, the O'Hara Battery, the 100 Tonne Cannon or, for the brave, the Windsor Suspension Bridge. All these places can be visited on your own or in a guided taxi that will take you to every corner and tell you the stories. Another way to see the monkeys Who hasn't seen the Gibraltar monkeys once? Many will say yes. But who has seen them in their habitat, respecting them and with a specialist explaining their behaviour? For animal and nature lovers, there is an experience not to be missed: Monkey Talk Gibraltar, an educational encounter with macaques. In the last two hours of the day, when the crowd has already left, Brian Gomila, a primatologist with a passion for monkeys, breaks with the myths of the Gibraltar macaques. On a spectacular twohour tour, you can be close to the monkeys but not disturb them. It's like watching a live animal documentary. If you wish to visit Gibraltar, I recommend you to visit this website: https://www.visitgibraltar.gi/, here you will find all the information to enjoy this incredible place Gibraltar Tax Residence People with high incomes are favored by the

immigration laws in Gibraltar. This territory aims to attract wealthy people by offering them a number of significant advantages, such as attractive taxes. Aimed at these people, the "high net worth status" is an incentive to reside in the territory of Gibraltar, this category called "Category 2" according to the 1999 classification, is of interest to nationals of countries with high personal taxes, such as France, Germany, Canada, etc. For people wishing to settle in Gibraltar under the High Net Worth Individuals program (HNWI - category 2 LN. 2004/070), the maximum taxable income is £80,000 per annum, any additional income being tax-free.

Requirements Owning a residential property to house yourself and your family,Bank certificate, proof of availability of funds of £2,000,000 or more, accompanied by a letter of reference from the issuing bankDocumented proof of having enough income to support yourself and your familyPrivate health insurance for the applicant and his/her family (annual coverage of approximately £100,000). Gibraltar: Residence Card (valid for one (1) year and renewable annually) Fulfill the conditions described above,Application for registration in the civil registry,Bank statement from a bank in Gibraltar.

What is the Common Reporting Standard (CRS)? In 2016 the Common Reporting Standard (CRS) was introduced. The days of banking secrecy are long gone, but now a further step is taken.

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The automatic exchange of information implies a global control and puts every citizen under general suspicion. If for any reason you do not trust that your assets are safe in the country where you live, you will be part of this exchange Which countries participate in the Common Reporting Standard (ERC/CRS)? On 29 October 2014, fifty countries ratified an international agreement in Berlin at the initiative of the OECD to implement the automatic global exchange of account data to combat tax evasion. Naturally this agreement strongly attacks tax havens. The best classic offshore destinations and international financial centres are already included. The only large and important country not participating is the USA, but they have the FATCA Outside the standard of information exchange only a few, unknown, classic offshore jurisdictions remain: Bahrain, Nauru and Vanuatu. In addition to less classic ones such as Lebanon, Gambia and Liberia. How does the CRS work in theory? The CRS is a framework contract between sovereign states. Its provisions are set out in the laws of the different signatory states. Thus, there is no universally applicable agreement between the signatory countries ensuring that they will actually exchange data with each other automatically, regardless of their technical capabilities. The OECD rules provide that signatory countries must first conclude an individual bilateral CRS agreement. This is reminiscent of the procedure for double taxation agreements. No country is obliged to cooperate with all other countries. Switzerland, for example, has already announced that it will only exchange data with its most important trading partners. But especially the strongest high-tax countries, such as Germany or France, want to conclude data exchange agreements with all participating countries in order to end banking secrecy completely. The economically weaker countries would receive implementation assistance. Let us continue with an overview of the types of accounts and investments affected by the automatic exchange of information. These include: Current accountsSavings accountsDepositsFoundation and trust accountsAccounts of companies with mainly passive incomeDebt securities and bondsCapital investments disguised as insurance The accounts which, in the opinion of the OECD, represent a lower risk in terms of tax fraud are not affected. These include Private pension insuranceLife InsuranceTaxadvantaged capital investments for retirementAccounts of companies with active incomeAll old accounts, those existing around 31.12.2015, and all new accounts, those opened as of 01.01.2016, are covered by the automatic exchange of information. Well, almost all of them‌

The local legislator can exclude existing company accounts up to $250,000 from the exchange of information. How does Information Exchange work in practice? Now you may ask, but how does it work technically? Banks must implement the provisions once the legal framework has been agreed. Thanks to the US FATCA programme, the first experiences in this respect already exist. For example, the account holder's details when opening accounts have been recorded for several years now. In the case of a limited company, the beneficiary is not necessarily the partner (this can be a trustee). After all, the beneficiaries are all the natural persons to whom the company's profits flow. Now, with the CRS, all partners holding 25% or more in a partnership must be registered. But what information is actually passed on? At the end of the calendar year (in principle in December), the bank automatically sends the following information to the tax authorities in the beneficiary's country of residence NameAddressTax numberDate of birthAccount holder (e.g. company name)Account numberAccount statusSum of credits in the current calendar yearSum of account credits since opening the account Whether or not personal account data is transmitted to the authorities depends on the account holder's place of residence. If it is a foreign state member of the agreement, the data are transmitted to the authorities of that country. If the address is found to be incorrect or out of date, the bank is obliged to electronically search its clients' data for the following indications: Identification as a citizen of a particular countryAddress or post office box of a countryAddress c/o in a given countryFiduciaryPhone numberPermanent assignments in a given country For wealthier clients, it is important to note that, starting with a $1 million statement, the client-advisor must monitor accounts manually rather than just electronically for the six clues above. The employee must find and complete the missing data for the transmission of information. The "NON CRS" Countries OECD Global Forum on Transparency and Exchange of Information for Tax Purposes member countries not participating in the CRS AzerbaijanBotswanaBurkina FasoCameroonIvory CoastDominican RepublicEl SalvadorGabonGeorgiaGuate malaJamaicaKazakhstanKenyaLesothoLiberiaMacedonia MoroccoMauritaniaNigeriaPakistanPapuaNewGuineaPer uPhilippinesSenegalTanzaniaTunisiaUgandaUkraineUSA Non-OECD Global Forum on Transparency and Exchange of Information for Tax Purposes countries not participating in the CRS

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AfghanistanAlgeriaAngolaArmeniaBangladeshBelarusBen inBhutanBoliviaBosnia-HerzegovinaBurundiCape VerdeCambodiaCameroonThe central African RepublicCh adComorosCongoDRCCubaDjiboutiEcuadorEgyptEquatori alGuineaÉrythrÊeEthiopiaFijiGambiaGuineaGuinea-Bissau GuyanaHaitiHondurasIranIraqJordanKiribatiKyrgyzstanKo sovoLaosLibyaMadagascarMalawiMaldivesMaliMicronesi aMoldovaMongolianMontenegro

investment in inland areas and autonomous regions and to alleviate pressure from the property market in areas such as Lisbon and Porto. This means that, now that the green light has been given to the amendment proposed in the State Budget for 2020, only those who make "investments in the intermunicipal communities (CIM) of the interior and autonomous regions, as well as those who create jobs, are entitled to the golden visa," explained the leader of the Portuguese Socialist Party. It should be noted that of the 8,207 golden visas granted since October 2012, 7,735 were for the purchase of the real estate, properties with a minimum price of 500,000 euros, of which 463 were for urban rehabilitation. Due to capital transfer requirements, the visas granted a total of 455 and 17 for the creation of at least 10 jobs. Now that the legislation has been approved as part of the 2020 state budget, the Government should implement it before the end of the year. The full details are not yet known, but until the bill is finalized, the golden visa applications can continue to be made exactly as they are now.

Portugal ends 'golden visas' for those buying a property in Lisbon and Porto This program will continue for the sale of properties located in the interior of this country The deputies decided to limit the so-called 'gold visas', residence permits for those who buy real estate of at least 500 thousand euros, to regions in the interior of the country. In this way, properties in the most valued Portuguese cities - Lisbon and Porto - are excluded from the program. This means that only property investments in the interior of Portugal are eligible for this program, including the autonomous regions of the Azores and Madeira. Last year in Portugal, 8,207 gold visas were granted 7,735 of which were through the purchase of properties. The measure was announced by Socialist Party parliamentarian Ana Catarina Mendes at a press conference, along with changes to income tax for foreign pensioners. She stated that the end of the granting of residence permits for investment activities (ARI) in these two large Portuguese cities "will obviously not have retroactive validity. The Portuguese MP went on to say that a response must be given to property speculation and that the golden visa amendment has been introduced to encourage

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Differences between Nordic style and minimalism

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The "out of the box" Investors Magazine

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Transparent pools that are integrated into the interior of your home

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12 Ideas for decorating a terrace.

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The perfect distribution to make the most of natural light


Real Estate SEO and Marketing WEDNESDAY, SEPTEMBER 9, 2020 • VAER DEG • VAERDEG.COM

Differences between Nordic style and minimalism We tell you the differences between these two styles which, although they may not seem so, are very different. I'm sure you've wondered if the minimalist style and the Nordic style are the same. At first, because of the name you may have discarded being in front of the same style, but then you ask yourself: how are they different? It is obvious that they have many points in common so we usually find environments that mix characteristics of both under the name of only one of them, that's because they are two styles that combine so well that their differences end up being blurred. Both have their origins in very distant geographical areas and for very different reasons, which is why there are evident differences even though we have not seen them until now. Post Ball Floor Lamp - Fint Designs Let's start with the most obvious, which are their points in common, such as the use of white as a base or the prominence given to the space, as well as the simplicity in terms of decoration. That is why they are two styles that are very appreciated by lovers of order and spaces that want to transmit tranquility, since their color palette does not usually include bright colors and bets on natural materials. As for the most powerful difference is in its history. While the Nordic style was developed in Scandinavian countries such as Norway, Sweden and Finland as well as Denmark at the end of the 20th century as a way of replacing the little natural light they have during most of the year by using light colors; minimalism started at the end of the 60s in the United States reacting against the abusive predominance of realistic currents and pop art, and with the aim of reducing everything to the essentials. Luxury Gray Side Table - Fint Designs When analyzing the materials that predominate in one style and another, we find that the basis of the Nordic

style is nature so wood will be key in the Nordic interiors, as well as natural materials such as linen, cotton or wool when choosing fabrics to dress our home. Minimalism has another key that sometimes can be confused with this style, and is that a minimalist interior aims to reduce as much as possible the colors and materials used both to furnish and decorate (little, but there is decoration), so it will be very common to find tables of the same color as the floor or sofas of the same color as the walls. And, why do we confuse it with the Nordic style? Because in this, trying to use white or light colors, mixed with the wood in tone also very clear, we will often find tables and floors of the same tone and style of wood, or white walls accompanied by white sofas. Something that we could find perfectly in a minimalist interior although the reasons are different. Although minimalism uses the least number of decorative elements and the Nordic style does not have a rule as such, it does try to transmit a sensation of more space, and this is achieved with fewer objects that interrupt the visual path. Nordic vs. Scandinavian style The Nordic and Scandinavian style‌ Are they the same style? Luxury Leather Dressing Table - Fint Designs The only difference is that the Scandinavian style was so named because its origin is in the Scandinavian countries (Norway, Sweden and Finland), and also in Denmark, having the same problem with light as the rest of its neighboring countries. But Denmark is not part of the Scandinavian countries, so it would be more correct to use the term "Nordic", although both refer to the same style.

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Transparent pools that are integrated into the interior of your home A private swimming pool that provides solutions for the whole family in summer is a dream for many people. No one likes to go to public or semi-public places, so we have these style options for you that can also be ideal for any luxury hotel. The result is that when you are totally immersed in the pool, everyone will be able to watch you swim. Glass is a material that fits well in many cladding contexts and with many materials such as mosaic and wood and stands out with its play on transparency. We have selected these architectural exercises with the best solutions so that you can score long 'indoor' ones. The results, which play with the exterior and interior, are impressive. The swimming pool in the living room "We want a swimming pool in the living room", was the first wish expressed by the owners to architect Fernanda Marques. And this was the axis around which this project revolves, a 400-meter house in São Paulo. Like a large fish tank, seen from the living room, the pool is a kind of performance, in dialogue with the wide and very modern spaces. The architect states that "building the pool was the project's biggest challenge". Submarina An above-ground pool that shares a clear wall with social spaces acts as a visual connection between indoor and outdoor spaces, refracting natural light throughout the house. The swimming pool was designed as a complete structure and was later adjusted. Next to it, a vertical garden grows. This is the Living Screen House, by CplusC Architectural Workshop, in North Bondi, Australia. Double height A swimming pool can become just another room in the house. The most refreshing one, in fact. And if it's like this one, it also has a loft. Design at the height of the furniture in the house: the Butterfly chair, by Bonet, Kurchan and Ferrari, and the Cypress floor lamps, designed by Pete Sans for ABR Production, in Minim. Afternoon swim The infinity pool of undulating forms with direct access to the beach is one of the attractions of Las Ventanas al Paraíso Resort in Los Cabos, Mexico. But the rooftop pool with a glass bottom (in the picture) is not far behind either. Two options for a dip in this 2,600-squaremeter hotel designed by architect Jorge Torres and with interior design by Robert Couturier. Aquatic Roof

This open house, The Wall House, is located in the delightful fishing village of Cascais, Portugal. And as it could not be otherwise in this area of the Atlantic, the water plays a leading role. Two swimming pools frame the house: one, spectacular, located on the roof. And the other, of simpler lines, installed on the floor. Between the two, an interesting game of reflections is created that does not leave anyone indifferent. It is the work of Guedes Cruz Architects. Contemporary strokes Some guests have had more than one scare in this hotel when they have seen a swimmer crossing the roof of the room in full exercise. This is the 135 Keefer St Hotel in Vancouver, and it has won several design awards for its great collection of details: wooden beams, brick walls, and a transparent pool in which to dive in full view of everyone. Concrete frame Surrounded by dark concrete, the swimming pool at Villa Midgård in Stockholm looks like a deep forest. Designed by DAPstockholm, the owners wanted a solid, isolated house with a maintenance-free facade. The dramatic nature of the sloping site gives the house a unique character. The grass covers the roof of the highest volume and the interior of the house also exhibits nature's own materials. A transparent overhang Around this house of Wiel Arets Architects, the neighboring buildings did not let you enjoy the sea. Therefore, it was decided to create an overhang in which the swimming pool would be located. The roof is covered with water with a transparent base that allows you to see the bottom of the water and its swimmers. Now it is possible to see the sea while one is sunbathing or enjoying a swim. Swimming in this pool is like floating on a Norwegian fjord Architect Hayri Atak has designed the Cliff Concept Boutique Hotel, a non-cardiac accommodation The project that has just been carried out by architect Hayri Atak's studio is an adventure for any globetrotter. Cliff Concept Boutique Hotel, as it is called, was born in Norway, and more specifically at 640 meters above sea level, on the Lysefjord, in a rock formation called Preokestolen, better known as The Pulpit. But you can imagine that it is not suitable for people with a phobia about heights. And we are not only talking about the hotel room, with impressive views of the Scandinavian forest but also about the biggest attraction of this project: its cantilevered swimming pool, which is located on the first floor of the hotel and very far from the cliff. Built entirely of glass, it is 600 meters above the rocky area and must give the sensation of being diving in

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a vacuum. Furthermore, it is supported by metal braces.

12 Ideas for decorating a terrace Terrace decoration is influenced by size and shape and a lot! Big, small, L-shaped, with light, without it… Make the most of yours with the following ideas 1 - How to decorate a small terrace Although we always wish we had a few extra metres, small terraces are the most common. A good solution to gain space on them is to install custom-made benches, such as the one we see in the photograph, which also has storage space at the bottom. 2 - Thinking vertically If space is scarce, the best way to decorate the terrace with plants is to take advantage of the walls. In addition, if they are made of wood, as in the photo, the pots and planters can be supported by the paneling itself. 3 - Use folding furniture When it comes to decorating your terrace, it is essential that the excess of elements does not make it suffocating. Therefore, it is always preferable - if there are not too many metres left over - to use it only once and to use folding furniture, which can be comfortably removed when not in use.

The medium sized terraces already allow the creation of different atmospheres, such as a living area, a dining room, a reading space… When distributing them, it is necessary to establish comfortable areas of passage, to take care of the general aesthetics and, whenever possible, to locate the dining room closer to the kitchen, and the relaxation area, further away. 7- How to decorate a large terrace In the case of large terraces, it is not a problem to increase the number of rooms, and can even give it the aesthetics of an outdoor living room. The wide and elegant terrace in the photograph seems to want to establish a dialogue between interior and exterior, home and nature. 8- Decoration of narrow and elongated terraces We often find terraces that, without being small, have a complicated floor plan. To make the most of a narrow terrace we must think very carefully about what layout will give us more room. In this case, the solution was to place a pleasant elongated dining room that invites to long tabletops. 9- Glass and sliding Another alternative to taking advantage of a small terrace is to visually connect it with the living room. In this way, you can enjoy the feeling of being in an open space even inside the room. 10- Decorating an L-shaped terrace Again, the customised benches and corner sofas ensure that the centre of the terrace is left free, allowing where four people used to enter, now six. 11- In the sun but in the right measure A terrace without a shaded area will become a little hell in the summer season. Awnings, pergolas, articulated parasols, vegetable covers… There are a thousand alternatives so that this does not happen. Choose the one that best suits your terrace. 12- Decorating an interior terrace If your terrace has only a few hours of sunshine, you can enhance its light by dressing the walls in white and choosing plants and textiles that transmit vitality and joy.

4 - Decoration of chill out terraces What if we set up a chill out terrace at home with some simple mats and some fluffy cushions? Watch out! If your friends try to take a nap in a little corner like this, they may never want to leave… 5- An armchair and a coffee in the sun Just because we don't have a table on our terrace for lunch or dinner doesn't mean we can't have unique moments on it. A wicker chair and a side table will be more than enough to enjoy, for example, the morning sun while having a coffee and reading the newspaper. 6- More metres, more atmosphere

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to the entry of natural light. 2 . Mirrors Use our free 3D interior design software to place several mirrors in your home, which reflect and amplify natural light - you can cover entire walls! 3 . Textiles Another trick to let the light flow through the different rooms is to opt for lightweight textiles and translucent curtains that allow it. 4 . Color

The perfect distribution to make the most of natural light The benefits of light entering the home are both aesthetic and functional. There are some tricks to get the most out of both aspects, and we tell you about them here. The prospect of a naturally well-lit home radically changes the way we think about it and how we feel inside. Making the most of the light at home is one of the priorities for achieving a more welcoming space, but not the only one. This also means significant energy savings, by reducing the use of lamps and improving the quality of life in these spaces. The rooms with a south orientation are those that receive the most direct sunlight, and it is advisable to locate the most frequented pieces, such as the living room or the kitchen, in this location. However, the northern location of the houses makes it necessary to sharpen one's wits and change the layout of the house to take advantage of the light. The most important trick when planning in our 3D interior design program is to choose low furniture that does not hinder the passage of light and if it is glass, better.

As with the furniture, it uses light and warm colors for all the rooms in the house. Either by painting them or by selecting light wood furniture. 5 . Shelf If you love reading and shelves are part of your daily life, design ones without a background with the 3D plans, because you can place them to separate rooms and allow light to pass through.

If you already have the furniture and it doesn't fit the size, paint it a light color or give it a coat of lacquer to reflect the light. This also applies to the door and window frames, which we recommend you change color if they are dark. Over the last few years, "blind" interior doors have become fashionable, but to gain light it is better to put in the models with a stained glass window or even a sliding door instead of a hinged one. If in your case you just want to give a twist to the decoration you already have, you can evaluate rotating the spaces with the help of the free 3D plans. That is, sometimes the assignment of the functions of a room is chosen by its size, without evaluating the orientation. Re-plan where the living room or office is located, for example, and if they don't receive all the light they should change them. 5 Easy tips for gaining light 1 . Sill If you have plants or decorative objects on the inside window sill, remove them, because they act as obstacles

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Golden Visa and Investments - Home Staging and Decor Supplement. Vær deg Real Estate Investments Magazine is an online magazine and target...

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Golden Visa and Investments - Home Staging and Decor Supplement. Vær deg Real Estate Investments Magazine is an online magazine and target...

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