Real estate lawyers have urged buyers and sellers to stop the practice of lowering the price of their properties on paper agreements to avoid paying tax, saying it could damage the image of the industry. “Lowering prices on payment agreements to avoid tax could have far reaching consequences,” said U San Win Aung, Managing Director […]
Rich Myanmar people shun Yangon’s property boom to Invest in London
August 7, 2013 by
Burma’s richest citizens are taking their money out of the country and investing in upmarket property in London. While foreign investors queue to get into Asia’s so-called “last economic frontier,” millions of dollars are flowing out and into bricks and mortar in the capital of the former colonial rulers, a survey has disclosed. The volume […]
