Advice on buying Austrian Property

by John Everitt

Austria is located in central Europe; it joined the European Union in 1995 and entered the European Monetary Union in 1999. Up until Austria's entry in to the EU there had been a number of restrictions on foreigners owning homes in Austria with permission needed from local authorities.. However, these laws are to be reviewed to fall in line with the rest of Europe. When considering purchasing a property in Austria it is a must to remember that overall the costs associated with property in Austria are higher than any other country in Europe.

In addition, the cost of living in Austria generally is higher than any other country in Europe at the present time. Property Prices in Austria Guide Prices vary, for example: From £50,000 to £79,500 for a studio apartment From around £70,000 to £93,500 for a 1 to 2 bedroom apartment From £80,000 to £111,000 and up for a 3 bedroom apartment Detached homes from £180,000 to £250,000 Where to buy Austria boasts some of the best ski areas in Europe and as such these areas are popular with foreign buyers, especially as holiday homes. The main areas of population in Austria remain around the Innsbruck, Salzburg and Vienna regions which make up about 70% of the total population. Fees payable The standard usually works out at approximately 10% of the sale price; Property transfer tax of 3.5% Notary fees around 3-4%. Property registration around 1% Stamp duty 0.5-1% Land registry fees averaging a payment of around £300 to £420.

Taxes Will be between 0.5-1% of the properties assessed value and should be lower than the market sale value. Wealth tax of 1% of your net worth irrespective of your resident status is charged for Austrian property owners. Finance Can be arranged through either international brokers or from an Austrian bank for both residents and non-residents with variable interest rates and payment terms being available.

These guidelines are meant for guidance only and describe a straightforward purchase scenarios. However this information is not meant to replace proper legal advice, which we always insist you take.

About the Author
John Everitt is a consultant to Globespan European property portal. Please visit our estate agents directory and this Austria property buyer's guide

The Magic Words of Career Estate Real Travel

By Washington Stoker

One of the hottest careers available is that of real estate and travel. This is the type of vocation that can have a person looking near and far to find the right property for their clients. If one were to look up career estate real travel on the internet, the number of listings for real estate careers would quite literally number in the millions. This is because owning property is not only a goal for many people, the chance to do so has never been more of a reality than now. With a fertile real estate market, there is a large majority of individuals who have decided that now is the time to make their dream a reality.

This means that there is no better time than now to have a real estate career. When looking up career estate real travel on the internet, one is likely to find just the prospects they have been looking for. Career estate real travel brings up companies all over the world that are looking for prospective employees who are ready and willing to train for an exciting real estate career. The licensing requirements for a real estate career will greatly depend on where an individual plans to sell property. Most states and countries have their own guidelines for becoming a real estate agent.

Many who consider a career in real estate are sometimes concerned by the cost of getting licensed. However, a number of real estate companies provide tuition assistance or may even pay for classes on the whole. The student then works for the real estate company after graduation reimbursing their tuition via future property sales. One is likely to find many companies that do this by looking up career estate real travel on the internet. While having a company pay up front for tuition and fees reduces financial burdens it also means getting on the fast track to a successful real estate career.

After looking up career estate real travel, finding a company that offers these options can put one well on the way to their new real estate career. Whether opting to sell locally or worldwide, this type of career is perfect for those who enjoy helping others make their dreams come true. Buying or selling property is often stressful and requires someone who can take control of a situation and make clients feel happy and secure. It also requires an individual who is genuinely ethical and who pays attention to current laws and guidelines at all times. These things together are what will lead to a real estate career with high earning potential.

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Real Estate School

by Anne Peterson

With the economy where it is today, there is no better time than now to get involved with real estate. In order to sell real estate with a company, you'll need to have your license - which is where a real estate school can help you. As you may know, buying a home involves many different decisions about where you will live and for how many years. Along with geographical decisions, it will often have implication for your financial future as well.

For this very reason, almost all home buyers will enlist the services of a real estate broker or agent to help them make those types of decisions. A real estate agent is someone who is licensed by their state to handle the sales of real estate, while a real estate broker is also licensed by the state, but who has the overall responsibility for the actions of a real estate agent. To determine the value and fair market retail of a home that is for sale, a real estate agent may enlist the services of a real estate appraiser.

No matter what you state you happen to reside in, you can find a real estate school to help you obtain your license. Those of you who are time restrictions or don't like to travel too far from home, can get your license online. A real estate license doesn't require a lot of time, yet it will help you get your foot in the door when it comes to the vast world of real estate. Real estate agents, brokers, and appraisers make really good money, and generally get a commission on each house they successfully sell.

If you've been looking for a career that will give to you what you put into it, real estate is the career for you. Even if you have no experience with real estate, a real estate school can give you all of the training you need. Then, when the time comes to buy your own home, you can do it yourself. Knowing the real estate market and knowing what to look for can save you a ton of money when buying your own house or property.

About the Author
The author's website is Brandon Routh. Any or all parts of this article may be reprinted in any form, as long as there is a link to the website.

Discover China: A Special Preview

by Vinnie Apicella

While the Chinese government has kept its currency, the Yuan (RMB), virtually pegged to the U.S. dollar for the past decade, the U.S. and other trading partners say that the rate is too low and gives Chinese exporters an unfair price advantage. While this has been and remains a point of contention with the many global powers, in July 2005, China had taken steps to loosen this peg by tying it to a basket of foreign currencies and allowing it float, at least marginally. So while this may continue to plague global businesses, it does still benefit the cost-conscious consumer so long as the "Made in China" label continues to prevail. One dollar is now equal to approximately eight Yuan.

But progress continues to be made, if slow and steady. In April 2006, the Chinese government said it would allow companies and individuals to invest overseas for the first time. The decision to let foreign currency flow out of China could eventually reduce pressure on the government-controlled exchange rate of the Yuan and step further toward making it a freely convertible currency. Until now, China has required companies to sell the government most of their foreign earnings and obtain approval to invest overseas.

"To Get Rich is Glorious" -Deng Xiaoping (1978)

Well there you have it...and then the floodgates opened.

Astounding development can be seen in many Chinese cities, but to try to even come close to covering that much ground in a single report would require a mind-boggling amount of research and analysis and countless hours worth of travel time. It would be impractical and inefficient to say the least. China is a huge country, third behind only Canada and Russia in landmass, but first in total population, and in spite of possessing a sizeable amount of uninhabitable land, we can be assured that by focusing on such major cities as Beijing, Shanghai and Xi'an, the overall effects of the country's expanding markets and capitalistic intent will resonate outward from there and reach all of its 23 provinces in due course.

Chinese real estate has made headlines again and again the last several months. From one city to the next there is evidence of new building, from modern day public transport hubs to hundreds of new high rises. While Beijing and Shanghai, as China's two largest cities, lead the way, there has been and will be a spillover effect as many additional cities expand and experience the effects of a population crunch from millions or rural Chinese seeking to relocate to improve their living conditions. And as that happens, we'll be there to cover it. Not familiar yet with cities such as Guangzhou, Xiamen, Chengdu, or Wuxi? Odds are you will be soon enough.

While the country's capital, Beijing, continues to undergo its own profound transformation to prepare for new residents, it has a vested interest on a global scale as it readies for the 2008 Olympic Games, among the most proud moments in the country's storied history. Beijing's leadership has committed to making the Olympic event a "Green Games" and as environmentally friendly as possible. While some 700 miles to the south is Shanghai, China's version of Paris...or London or New York, with some 4,000 skyscrapers already erected and thousands more on the horizon...literally. And then there is the World Expo hosted by Shanghai in 2010 not to mention a couple of internationally renowned theme parks on the way. China has more than 170 cities with a population in excess of one million, so suffice it to say, the cities are simply trying to stay ahead of the race.

All this discussion about China's transformation and future changes should in no way discount all that China, the country, has to offer and its supreme ranking as one of the world's greatest natural and architectural achievements. For example, did you know that the biggest ancient building complex in the world is situated in Beijing? Or that the largest public square in the world is Beijing's Tiananmen Square? What about the longest man-made architecture in the world...The Great Wall; or the earliest and longest man-made canal...the Beijing-Hangzhou Grand Canal. The oldest tree, the greatest canyon and the highest plateau in the world are all found in China.

China is indeed a country of natural splendor, from the majestic Himalayan Mountains to the mighty Yangtze River, the land is as broad and diverse as the culture that defines it. And there is no better place to experience the country's magnificent traditions and the exciting evolution taking place than right there in the center of it all. The first step is essential. Book your flight, make like a tourist and see for yourself.


About the Author
Vinnie Apicella is a Columbia educated writer, editor, international traveler and investor. He has recently created Vinnie's World, which offers business consulting and property sales in select emerging market locations, including China. For more information on Discover China, visit http://www.vinniesworld.com