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Please Turn Out The Lights As You Leave  |
| 02 December 2007
The report that no fewer than 3.8 million British and Irish own overseas properties
means that at least 15 million of us have access to a bolt-hole, allowing about
four people to a family.
Even more stunning is the estimate that this market is growing at 13% annually.
This means that 28 million of us will have access to overseas properties by
2012, and the entire population will have left by 2020.
The inhabitants will by then consist entirely of Polish plumbers, Turkish bricklayers,
Russian billionaires and Brazilian football players. Oh, yes, and of course
Gordon Brown, who will be in his fourth term as Prime Minister.
He's already got a house in Scotland, which counts as abroad, so he doesn't
need to risk his political credibility by having one in Cyprus as well.
You have been reading an entry on the following blog:
Penelope Wise
Penny Wise but not Pound Foolish! But remember: I am not offering investment advice. My comments are just for your general information; I do not recommend investments, and you should take professional advice before entering any investment contract.
Penelope blogs on investment and financial services around the world: mainstream and alternative. Contact: penny@lowtax.net
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Tags:
Hong Kong | Investment | Offshore | Taxation
More posts from Penelope Wise
 Goodbye To Blighty?
Not Another Wretched Pin-Code To Remember!
Ethical Moonshine
Shall We Take A Glass Together?
A Walk In The Forest
No Pensions, Please, We're British
The Ex-Wives' Charter, Norwegian Style
To Will Or Not To Will?
Time To Get Out Of Money?
There's No Fool Like A Gold Fool
Please Securitize Me
Is Oil Cheap?
Thank You, Mr Paulson
Alphabet Soup
Don't Play Poker With Uncle Sam
Please Turn Out The Lights As You Leave
How To Learn To Love Accounting Standards
Caveat Emptor?
No More Fat Cat Investments For Me!
To Buy Or Not To Buy?
Don't Have A Foreign Boy-Friend!
Never Trust Your Money To A Nation State
Good Advice From Adam Smith For Gordon In His New Home
Beards Can Make You Rich
Financial Regulators To Create Global Anti-Investor Cartel
Goodbye, Gordon!
Auntie Brussels Wants To Know About Your Money
Governments Fail Business One More Time
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