brian.mobile
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After 10 years capital gains is exempt.
After 10 years capital gains is exempt in Germany
Will you still not have to pay it in Ireland anyway?
Germany
I am aware you have to set up a Company over there
You said it GullibleI have an apointment with a local estate agent on Monday who claims to have several clients all investing in land in Bulgaria. Apparently you but for 6 euros per square metre unregulated, get it regulated and plots laid out and sell on for 20 euros ! Too good to be true? I am aware you have to set up a Company over there to buy and need a good Bulgarian solicitor but he claims to have this all covered and is (call me gulible)positive
..........I advised a number of clients to buy a bundle of terraced redbrick houses in Manchester a couple of years ago at 18 to 20K sterling. They are unloading the last of these now at 75K stg each, not bad for four years investment, even after CGT (payable at Irish rates only in this case).
And yes, I did have half a dozen myself, took my own advice.
...in the middle of purchasing a one bed apartment in Rosscoff, Germany for €16,500.It comes with a guaranteed 6% net yield for ten years.
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