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Showing posts from January, 2018

Where to find homes without VAT

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After understanding these considerations, it is interesting to evaluate where you can find properties without this tax, but the truth is that they still remain Best investment opportunities in Lahore . To avoid this tax, several real estate agents hurried the process, so that it is currently possible to find several available projects. Chilean consultancy Colliers International issued a report in April 2017 detailing that VAT-exempt properties are concentrated in the municipalities of Colina, Buin, Santiago Centro and San Miguel . There are 6,600 apartments, in more than 300 projects, and 1,700 houses, in more than 160 projects . According to the consultant, this offer of properties will be completed between this year and 2018. There is still time! As you will realize, there is still time to take advantage of buying without VAT. It is estimated that the houses are sold in a period of 12 to 18 months, while the departments settle in the next 6 months.

Housing is a state subsidy

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ARCHITECTURE STYLE WORKSHOP Also exempt from this tax , in agreement with the Ministry of Housing and Urban Development, any housing -home or department- that is acquired through a mortgage loan or leasing operation, with state subsidy. Used properties Those who will not be affected are those who buy a used house with a building permit prior to January 1, 2016. However, there is an exception, and that is that the Minvu established that VAT must be paid if the property is acquired from the hands of a "habitual seller" , that is, any person who has purchased a home with the intention of reselling it or those people or companies that are dedicated to buying and selling real estate, such as real estate or construction companies. Who are not "usual sellers"? When in doubt, it is convenient to understand the difference. If you sell your house or apartment and do not engage in the real estate business, the tax should not be included , however, if before the yea...

How and where to buy a house without VAT A cheaper option!

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When buying it is important to know the value of the property , which greatly influences the final decision. For this reason, it is crucial to know if there are any facilities, whether the purchase in green, white or other such as the properties exempt from the Value Added Tax (VAT) that since 2016 is included in the homes, increasing its total price Salman developers Lahore . If you are interested in acquiring a property, it is important that you know that there are still some without VAT . But before we will tell what this is all about. Product of the tax reform approved in 2014, properties from 2016 will be subject to a tax . Of course, there are some exceptions that it is important to know before starting to search. It is always important to be aware of the new rules at stake when acquiring a property. Date on which the purchase promise was signed One of the exceptions is that the person has signed a purchase promise before January 1, 2016 or the property has a building p...