Friday 29 January 2010

Featured Property: British Virgin Islands


Built in 1997 and set in an excellent residential location, this superb four bedroom, four bathroom home, with pool, on a beautifully landscaped half acre plot, is fronted by a sparkling white beach.
The British Virgin Islands (BVI), also called the Virgin Islands is a British overseas territory, located in the Caribbean to the east of Puerto Rico. The islands make up part of the Virgin Islands archipelago, the remaining islands constituting the U.S. Virgin Islands.
Known for years as a "sailor's paradise”, BVIs are the world’s charter-boat capital.
The British Virgin Islands consist of the main islands of Tortola, Virgin Gorda, Anegada and Jost Van Dyke, along with over fifty other smaller islands and cays. Approximately fifteen of the islands are inhabited. The capital, Road Town, is situated on Tortola, the largest island which is approximately 20 km (12 mi) long and 5 km (3 mi) wide.
The islands are easing restrictions for foreign property investors and introducing incentives in a bid to attract more luxury buyers.
The British Virgin Islands enjoys one of the more prosperous economies of the Caribbean region, with a per capita GDP of around $38,500. Since 1959, the official currency of the British Virgin Islands has been the US dollar, also used by the United States Virgin Islands.
The Islands enjoy a tropical climate, moderated by trade winds. Temperatures vary little throughout the year. In the capital, Road Town, typical daily temperature ranges are around 24 °C (75 °F) to 32 °C (90 °F) in the summer and 21 °C (70 °F) to 29 °C (84 °F) in the winter.
As a tax haven with a stable economy, positive Government attitude, ideal climate, easy access, idyllic locations and true virgin territories, the British Virgin Islands is one of our current hot tips for investment and luxury development.

Further information
www.melnickhouserealty.com
Email:- info@melnickhouserealty.com

Thursday 28 January 2010

Featured Property: France, Loire Valley.


A superb Renaissance style chateau, being a fine example of the ideals of the Renaissance on 19th century architecture in France. Built around 1840 this magnificent Chateau has been entirely restored to provide approx. 20,000 sq. ft. of accommodation. Set in 45 acres of beautiful parkland surrounded by walls. The property includes a caretaker's house and other outbuildings.

The Loire Valley known as the Garden of France is world renowned for its architecture in particular its castles or Chateaux.
UNESCO lists the central part of the Loire River valley, as a World Heritage Site stating that the Loire Valley is: "an exceptional cultural landscape, of great beauty, comprised of historic cities and villages, and great architectural monuments - the Châteaux.

Further information
www.melnickhouserealty.com
Email:- info@melnickhouserealty.com

Featured Property: Switzerland, Geneva


This magnificent 18th century house on 5,000 sqm/ 1 acre is located 15 minutes from Geneva. Excellent living accommodation of approx. 10,000 sq. ft. with superb period features.

Geneva is located at the south-western end of Lake Geneva, where the lake flows into the Rhône. It is surrounded by two mountain chains, the Alps and the Jura.
The climate of Geneva is temperate, with summer temperatures of 25 to 30 Celsius. In winter snow in the mountains offers many world-renowned ski resorts such as Verbier being just over an hour away by car
A survey in 2009 ranked Geneva as having the third-highest quality of life in the world. The city has been referred to as the most compact metropolis and the "Peace Capital" of the world.

Further information
www.melnickhouserealty.com
Email:- info@melnickhouserealty.com

Thursday 21 January 2010

TAX HAVENS

It’s not really surprising that as locators of luxury properties, our clients’ specified locations often include recognised tax havens. The purchase of offshore real estate is one of the best ways to place funds overseas and a residence in a tax haven still has some benefits. Since the early 20th century, wealthy individuals from high-tax countries have relocated to low tax regions. In most countries in the world, residence is the primary basis of taxation.

A Tax Haven is a country or region that levies a lower rate of taxation compared to other countries or regions. Some levy no tax at all and most do not tax income earned outside their jurisdiction. Tax Havens have specific local laws and tax schedules which differ from those of other countries but this is not tax evasion which is an illegal activity.

Several regions claim to be the oldest tax haven in the world. The Channel Islands and the Isle of Man claim that their tax independence has been established for centuries. In modern times it is generally accepted that Switzerland was the first recognised tax haven followed by Liechtenstein and Bermuda.

Globalization of the world's businesses and the growth of offshore banking have in recent years played a significant part in the further development of tax havens.

The U.S. National Bureau of Economic Research has suggested that about 15% of countries in the world are tax havens, and that these countries tend to be small and affluent. Most have not suffered in the current recession.

Examples of Tax Havens.
These may be either - No tax; Low tax; or No tax on foreign source income.

Andorra
Anguilla
Antigua and Barbuda
Aruba
The Bahamas
Barbados
British Virgin Islands
Cayman Islands
Dominica
Liechtenstein
Panama
St Kitts and Nevis

This list is by no means exhaustive and each country has its own laws and regulations.

Melnick House Realty
www.melnickhouserealty.com

info@melnickhouserealty.com

Monday 18 January 2010

Emerald Coast - Featured Property


Built in 2003 this 3,600 sq. ft. luxury home has spectacular views of the Gulf of Mexico. Three floors include 5 bedrooms, 5 and ½ bathrooms and an elevator. Excellent living accommodation and superb design make this a truly luxury home.

More information - info@melnickhouserealty.com

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The Emerald Coast Florida


The "Emerald Coast" is a relatively unknown region of Northwest Florida.
100 miles of pristine sugary white beaches and amazingly clear emerald green waters.
Average daily temperatures run from 61 in January to 90 in August, with the sun shining on most days of the year.
Frommers the influential online and print travel guide included this region in their Top Destinations for 2010. The only other North American destination chosen this year was in Hawaii.

On the Emerald Coast is Scenic Route 30-A an18-mile road that hugs the coast line along the Gulf of Mexico. Along this unique road are sugar-white sand beaches, pristine dune lakes and virgin pine forests. The beach communities here are known for their relaxed, upscale lifestyle and award-winning architecture. It is also destined to be one of the hottest real estate markets in the United States.

Four state parks, 27 miles of greenway trails, 11 rare coastal dune lakes, 11 beach communities., and miles of stunningly beautiful beaches. Route 30-A is a tourist attraction of major proportions, including excellent fishing and water sports, championship golf, superb shopping, fine dining, luxurious accommodation and stunning un-crowded beaches.
All of Highway 30-A's famous beaches are certified as Blue Wave Beaches for their cleanliness and safety.

Our featured property is located in Watercolor, South Walton, a beautiful coastal resort and residential community, with 499 acres of thoughtfully planned neighbourhoods, parks and trails situated around the Gulf of Mexico and a natural 220-acre coastal dune lake.
The South Walton area remained relatively undeveloped for many years. But recent years has seen the arrival of luxury housing and resort developments. Even with all the new development, however, the beaches along South Walton County will remain largely state-owned and preserved in their natural state. Approximately 40 percent of South Walton's 56,000 acres is owned by the State of Florida and thus is protected from future development.
Watercolor is a 40 minute drive from the new International Airport.

The new Panama City-Bay County International Airport will be completed in 2010, opening travel channels throughout the U.S., Europe and Asia, and making Panama City Beach one of the most sought-after travel destinations in the world.
The new Airport will be named Northwest Florida Beaches International Airport.
It will be the first airport built in the United States in almost 20 years, as well as the first airport to be built since 9/11. Southwest Airlines and Delta Airlines have committed to passenger service at the new airport.
Northwest Florida Beaches International Airport was designed to be the nation’s greenest airport, with a terminal building that is on track to become the first LEED Certified airport terminal in the United States. To offset the development of the Airport, 9,600 acres of West Bay coastline, wetlands, and pine forest have been set aside as part of the Airport Conservation Easement