Sentences with phrase «on foreign investors»

We saw this happen in 2016 when the previous government launched a tax on foreign investors.

Many countries imposed performance requirements on foreign investors so that they had to hire a certain proportion of local workers, or use a particular level of local content.

Since the early 2000s, the local real estate industry has relied heavily on foreign investors.

The results come after a survey by financial auditors KPMG earlier in the year found that 66 per cent of real estate experts thought that Brexit could have a negative impact on foreign investors buying property in the UK, which could lead to a stalled property market.

But the Euro - zone crisis and that tax on foreign investors quickly brought the Real back to its comfort zone.

They have instead offered concessions like raising caps on foreign investors» stakes in Chinese financial institutions, and proposed eliminating import tariffs in narrow categories like drugs to treat cancer.

The ex-minister also suggested slapping extra taxes on foreign investors who buy up properties and leave them empty, in a bid to solve the country's housing crisis.

As that research points out, the Federal Reserve data on foreign investor holdings has jumped to end 2016 at $ 106 billion.

Although any effect on the foreign investor's business would have been incidental, the investor has at least a viable claim under the fair and equitable treatment obligation contained in the bilateral investment treaty between the host state and the investor's home state.

That explains the ban on foreign investors.

But Redfin notes that investment from overseas is beginning to wane, and markets that are most dependent on foreign investors are seeing a «steady and dramatic decline» in the sales of seven - figure properties.

Foreign capital coming into these cities has gobbled up trophy assets, a trend which is likely to continue given recent measures easing taxes imposed on foreign investors under the 1980 Foreign Investment in Real Property Tax Act, known as FIRPTA.

The Canadian Government had concerns that continued sharp increase in house prices would lead to a crisis in some local markets and took steps to cool the Real Estate market by toughening lending criteria and the introduction of a 15 % tax on foreign investors in British Colombia and Ontario.

It sets a precedent for future restructuring route maps and will have a far - reaching positive impact on foreign investors» confidence in Vietnam.»

Tal says a flipping tax on foreign investors could be a «step in the right direction» while Canadians wait for more data about the scope of the problem.

«Applying a flipping tax on foreign investors might be a step in the right direction.

Benjamin Tal, the deputy chief economist, at CIBC World Markets, weighed into the debate with a research note that, effectively, concluded a «flipping tax» on foreign investors isn't the worst idea in the world since it could help curb a potentially problematic element of foreign investment.

It's no surprise, then, that Scotiabank's Porter told the Globe and Mail that a temporary luxury tax on foreign investors is one of three ways Ottawa could cool the market.

«Even if the province puts a 10 per cent tax on foreign investors, does the province think someone who pays a million in cash will worry about another $ 100,000 in taxes?

However, he slammed the idea of a housing sales tax on foreign investors.