Britain’s Most Expensive Houses

For more information about the program:

Media Requests for UK Sotheby’s International Realty:
Deborah Battsek: pr@deborahbattsek.com

 

Britain’s Most Expensive Houses follows top agents from UK Sotheby’s International Realty as they offer insight on some of the most spectacular properties on the market. Channel 4 picked up on the need to provide a little escapism whilst also acknowledging a world-wide trend as people sought properties with more space in light of the pandemic and the stamp duty holiday. The documentary will air at 8PM on the 28th of December.

Owning a Private Island

From the UK to French Polynesia

For questions about the event email London@sothebysrealty.co.uk. 

Recorded on Wednesday 13th May, 2020
1800h GMT | 0700h Tahiti

Join Guy Bradshaw, Director of London Residential at UK Sotheby’s International Realty, as we discuss the property market in French Polynesia. Jacques Menahem, Owner of French Polynesia Sotheby’s International Realty will give us an overview of the benefits of owning a private island, including price points, the right steps to take, and what to watch out for. Explore the benefits of having property in French Polynesia as we’ll answer questions about permanent residency vs. secondary home and island ownership. Find out what you need to know to invest, buy and rent property in that region.

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Guy Bradshaw
Director, Head of London Residential

The new immigration framework in Andorra

Law 9/2012 of 31 May 2012 on immigration offers several residence possibilities in Andorra, including passive residence.

Chalet-Tower for sale in Escaldes-Engordany – £2,827,459

Opportunities for British citizens. Passive or non-profit residence in Andorra

There are three categories of passive residence:

Category A: For people living in Andorra without lucrative activity

Category B: For people who have a service company or activity on an international scale that does not make a profit at a local level.

Category C: Created for elite athletes, scientific researchers and artists with international prestige.

In these cases, it is necessary to have a main and effective residence in the Principality of Andorra for at least 90 days per calendar year.

The economic requirements that a resident without lucrative activity must fulfil are the following:

Permanently and effectively invest an amount of at least 400,000 euros in one or several types of assets that are listed below:

  1. Real estate located in the Principality of Andorra.
  2. Holdings in the share capital or in the equity of companies located in the Principality of Andorra.
  3. Debt instruments or finances issued by entities with residence in the Principality of Andorra.
  4. Debt instruments issued by any Public Administration of the Principality of Andorra.
  5. Life insurance contracted with entities with residence in the Principality of Andorra.
  6. Non-interest-bearing deposits with the Andorran Financial Authority (AFA).
Chalet-Tower for sale in Escaldes-Engordany
£2,827,459

Make a non-interest-bearing 50,000 euro deposit with the Andorran Financial Authority (AFA). In addition, the principal owner must also deposit the non-interest-bearing amount of 10,000 euros for each dependent living in the country as a resident without lucrative activity. These amounts will be deducted from the amount referred to in the previous section.

Passive residents are continuously increasing. This community includes some of the world’s top athletes who take advantage of the benefits of altitude training.

Spotlight Special | PRINCIPALITY OF ANDORRA

No-Deal Brexit, Hard Brexit, Soft Brexit…its uncertainty is being felt on both sides of the English Channel.  While the UK’s future relationship with the EU is being discussed, we can suggest a solution completely isolated from both sides. For those looking for a nation with a soft taxation framework and an inspiring mountainous destination, we suggest The Principality of Andorra;  where you can benefit from passive citizenship and a maximum tax cap of 10%. 

Enter PRINCIPALITY OF ANDORRA.

Andorra de la Vella

The perfect destination for British citizens

Andorra is politically and socially a stable country with an extraordinary standard of living, the Principality of Andorra is a popular destinations for British citizens. Here’s why:

  • Favourable tax and tax legislation, open to foreign investment.
  • High solvency of the Andorran banking system.
  • Nominal GDP per capita higher than the EU average.
  • An unbeatable location between France and Spain.
  • The official currency is the euro.
  • One of the highest incomes per capita in the world.
  • The driving forces behind the Andorran economy: mainly the services sector, followed by the financial and the construction sectors.

 

Quality of life in Andorra

  • A safe country with low crime rates.
  • Ranks 2nd in terms of highest life expectancy and is 4th in the world in health.
  • 3 free educational systems: Andorran, Spanish and French.
  • It is also home to the British College of Andorra, which teaches the British National Curriculum.
  • 90% of the country is forests and green areas, with three national parks and hundreds of kilometres of ski runs.
  • Two ski resorts in Europe’s Top 10 for high quality and low prices.