The Pain from the Gain in Spain is Mostly to Spain

The Pain from the Gain in Spain is Mostly to Spain

In reference to a blog article posted on March 4, 2009 About the higher capital gains tax paid by foreigners in Spain, it turns out the EU does not think this is fair. A British couple was the 1st to challenge the rule and get a refund from the EU court. Now there are probably about 10,000 more British taxpayers that will be looking for refunds. There are of course many other foreigners who have been hustled. Look for a massive refund. OPP magazine predicts 350,000,000 pounds.

Many of the articles in this blog have focused on a new business model for the real estate industry in the future. The idea that when the recession is over, business will return to normal is ridiculous. For almost a year, my poor weak mind has focused on this problem. The 1st part of the problem may be solved. In an industry that serves investors it is necessary to predict what will make an investor successful, before determining how to serve that investor. I have developed a new set of rules, and will be sticking out my skinny little neck to describe the things that will make the investor of the coming years successful. These rules will be discussed in coming blogs.

The next phase of the model will answer the question, “how does a broker serve this investor?” Hopefully that question will be easier and require less time to develop a successful strategy.

David Segrest is a REALTOR® in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com He is also a contributor on Argentina to: http://realestatebloginternational.com/