U.S. Representative Darin LaHood introduced a bill that could fundamentally change how U.S. citizens living overseas are taxed. The proposal seeks to shift from the current citizenship-based taxation system to one based on residency. This would mean that Americans residing abroad would no longer be taxed on their foreign-source income by the U.S. government, provided they meet certain conditions. Read...
Global Real Estate
Rising Home Prices Amidst Economic Shifts In December 2024, home prices in 20 major U.S. cities experienced a 4.4% increase, aligning with pre-pandemic growth patterns. This steady rise reflects a market adjusting to previous rapid escalations driven by ultralow mortgage rates and a housing boom post-pandemic. While early 2023 saw a brief correction due to increasing mortgage rates, a constrained housing...
As we step into 2025, the global real estate market is poised at a pivotal juncture, influenced by a confluence of economic, technological, and societal factors. This year promises to be one of recovery, innovation, and adaptation. Let’s delve into the key trends shaping the industry, supported by insights and projections from leading resources and global listings Market Recovery and Investment...