British Pound Slides as Boris Johnson Suspends Parliament
Pound Slides as Boris Johnson Announces that he will suspend Parliament
Pound down to $1.22 to the dollar and E1.10
Shares up and down
Reminder about PPI deadline – 2 days to go!
Hong Kong crisis – Golden Visas
What is a Golden Visa?
In simple terms, it is a visa in return for money or investment into the host country.
Applicants can secure permanent residency in Europe or Cyprus, a member of the European Union, through investment in real estate. The programme is one of the fastest and simplest investor visa programmes in Europe. It requires investment of just €300,000 into property to gain the Cyprus residency permit. The residency visa is granted within two months and covers the whole family. It includes parents of both the main applicant and spouse plus dependent children up to the age of 25. It is valid for life and can be passed down to dependents and spouse.
The permanent residency programme offers ease of travel throughout the European Union and requires just one visit to Cyprus by all family members once every two years. The investment may be made by a company for which the main applicant and spouse are beneficial owners. The investment can be in to a maximum of two properties provided they reach the €300,000 permanent residency limit. The properties purchased must be brand new.
If you would like further information, drop me a line.
Word of the Day
What Is an Index?
An index is an indicator or measure of something, and in finance, it typically refers to a statistical measure of change in a securities market. In the case of financial markets, stock, and bond market indices consist of a hypothetical portfolio of securities representing a particular market or a segment of it. (You cannot invest directly in an index.) The S&P 500 and the US Aggregate Bond Index are common benchmarks for the American stock and bond markets, respectively.
DOW Jones Index
FTSE100 or FTSE250 Index
You can invest in an Index Tracking Fund or ETF.
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