Wealthy Russians are following Roman Abramovich’s lead and investing in Israeli property as sanctions in Europe and the US bite.
Estate agents and tax lawyers report an influx of interest from Russians buying beachfront homes and building plots in Tel Aviv.
A key incentive is that citizens do not have to declare or pay tax on foreign income for the first 10 years.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
