Russia-Ukraine Daily News on Nostr: 🇦🇪 British expats are being priced out of Dubai as property is snapped up by ...
🇦🇪 British expats are being priced out of Dubai as property is snapped up by wealthy Russians following the Ukraine invasion.
Since 2022, Russian nationals have bought up $6.3 billion in existing and in-development properties in Dubai, according to a group of economists with the EU Tax Observatory and Norway’s Centre for Tax Research.
https://www.telegraph.co.uk/world-news/2024/09/08/russia-property-cash-ukraine-uae-dubai-brits/
Since 2022, Russian nationals have bought up $6.3 billion in existing and in-development properties in Dubai, according to a group of economists with the EU Tax Observatory and Norway’s Centre for Tax Research.
https://www.telegraph.co.uk/world-news/2024/09/08/russia-property-cash-ukraine-uae-dubai-brits/