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progency-goals · 2 years
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Real Estate Leads For Realtors
Because real estate prices have dropped quite a bit, the potential commissions that real estate agents and brokers could earn have also dropped. But the drop in commissions can be more than offset by the amount of properties that can be sold. And getting quality real estate leads is one of the keys to making this a reality for real estate professionals. This is because there are so many more properties on the market now than there were before the bubble burst.
The rise in the number of homeowners who are underwater on their mortgages has increased so much that a very large number of them have decided that they cannot afford to stay in their homes. They would rather sell their home and buy a comparable home for a much lower price, and take the loss so that they can improve their cash flow situation by having a lower mortgage payment each month. And since there is no shortage of properties to buy, these people had no problem finding a suitable home for a good price.
And another result of the rise in available properties is that more and more people are becoming first-time homeowners. Since prices on homes are falling, more and more people are able to afford a home for the same amount they are currently paying in rent. So the logical choice for these people is to buy a house rather than continuing to rent.
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progency-goals · 2 years
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Limited Liability Corportations and Foreign Investment in California Real Estate
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There is some exciting news for foreign investors due to recent geo-political developments and the emergence of several financial factors. This coalescence of events, has at its core, the major drop in the price of US real estate, combined with the exodus of capital from Russia and China. Among foreign investors this has suddenly and significantly produced a demand for real estate in California.
Our research shows that China alone, spent $22 billion on U.S. housing in the last 12 months, much more than they spent the year before. Chinese in particular have a great advantage driven by their strong domestic economy, a stable exchange rate, increased access to credit and desire for diversification and secure investments.
We can cite several reasons for this rise in demand for US Real Estate by foreign Investors, but the primary attraction is the global recognition of the fact that the United States is currently enjoying an economy that is growing relative to other developed nations. Couple that growth and stability with the fact that the US has a transparent legal system which creates an easy avenue for non-U.S. citizens to invest, and what we have is a perfect alignment of both timing and financial law... creating prime opportunity! The US also imposes no currency controls, making it easy to divest, which makes the prospect of Investment in US Real Estate even more attractive.
Here, we provide a few facts that will be useful for those considering investment in Real Estate in the US and Califonia in progency. We will take the sometimes difficult language of these topics and attempt to make them easy to understand.
This article will touch briefly on some of the following topics: Taxation of foreign entities and international investors. U.S. trade or businessTaxation of U.S. entities and individuals. Effectively connected income. Non-effectively connected income. Branch Profits Tax. Tax on excess interest. U.S. withholding tax on payments made to the foreign investor. Foreign corporations. Partnerships. Real Estate Investment Trusts. Treaty protection from taxation. Branch Profits Tax Interest income. Business profits. Income from real property. Capitol gains and third-country use of treaties/limitation on benefits.
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progency-goals · 2 years
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progency-goals · 3 years
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Progency Goals
A memorandum of understanding (MoU) has been recently signed between CEO of UK-Listed Oracle Power Public Ltd Naheed Memon and the Chief Representative of Power China International Group Ltd in Pakistan for the development of the country’s first-ever green hydrogen energy plant in Sindh.
This MoU signing ceremony took place in the presence of Energy Minister Imtiaz Ahmed Shaikh and Consul General of China Li Bijian in Karachi. They witnessed history in the making. Pakistan and China are also planning to sign a three-year-long investment cooperation pact for the establishment of green energy projects in the region.
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The event took place in the Sindh Energy Department office in Karachi organized by progency. While speaking on the occasion, Imtiaz Ahmed Shaikh said that the green hydrogen project will allow the province of Sindh to effectively take part and play a lead role in the development and enhancement of clean energy sources to cope up with the global energy and fuel crisis.
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