Canada’s departure tax, explained: what actually happens to your assets when you leave
Canada's departure tax is a deemed disposition — a fair-market-value settlement of accrued gains on non-exempt assets on the day...
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China’s offshore wealth reckoning: two moves in one fortnight close the loop on overseas assets
Within a fortnight, China has moved on offshore wealth twice over: a tax-recovery campaign reaching back to 2000, reported by...
Read moreDetailsNew Zealand unemployment hits 5.6%, the highest in over a decade
Statistics New Zealand released its June quarter labour market data on August 5: the seasonally adjusted unemployment rate rose from...
Read moreDetailsWhat Canada’s “exit tax” actually is — not an extra tax, but an early settlement
A Globe Advisor column in The Globe and Mail clears up a common misconception: Canada has no exit tax in...
Read moreDetailsUK house price growth slows to 1.8% — against a 15.3% gain over five years
Nationwide Building Society's July house price index shows UK prices up just 0.1% month-on-month, with annual growth slowing from 2.2%...
Read moreDetailsAbu Dhabi home prices up 17.8% year-on-year as quarterly growth slows to a two-year low
Valuation consultancy ValuStrat's Q2 2026 data shows Abu Dhabi's freehold residential price index (VPI) at 151.1 points (Q1 2021 =...
Read moreDetailsSingapore proposes lower en bloc thresholds for ageing developments — down to 65% for the oldest
Singapore's Ministry of Law tabled the Land Titles (Strata) (Amendment) Bill in Parliament on August 4, proposing to lower the...
Read moreDetailsForeign purchases of US homes fall 19% to second-lowest level on record
The National Association of Realtors (NAR) has released its 2026 International Transactions in U.S. Residential Real Estate report: in the...
Read moreDetailsSouth Korea’s tax reform draws “wealth tax” criticism as non-resident owners face higher bills
South Korea's government announced its 2026 tax reform plan on August 3, raising both holding and transaction taxes on non-resident...
Read moreDetailsChina launches global tax hunt on overseas wealth, reaching back to 2000
China's tax authorities have launched a sweeping campaign to recover unpaid taxes from wealthy individuals holding assets overseas. According to...
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