Rome    Reggio Calabria     New York     Toronto    London

Internationalization

"Zagamilaw" International Law Firm, with its offices in New York, Toronto and London and thanks to the collaboration with its correspondent Partners, offers its activity of international consultancy and legal assistance both towards Italian clients living abroad and foreign clients living in Italy.

CONTINUE READING
Rome

Why choose Zagamilaw

Our team is composed by young, competent and motivated people that would be able to give you suggestions about every aspect of your matter. When we are engaged by a client for a legal case, the same client and the same case become to us absolutely important, in fact every professional of Zagamilaw will constantly assist you with the aid and supervision of the Firm's founder Lawyer Paolo Zagami

CONTINUE READING
Reggio Calabria

Recruiting

"Zagamilaw" International Law Firm, with its offices in New York, Toronto and London and thanks to the collaboration with its correspondent Partners, offers its activity of international consultancy and legal assistance both towards Italian clients living abroad and foreign clients living in Italy.

CONTINUE READING
New York

Feedback

“Zagamilaw is a fast growing and international business oriented law firm which offers assistance on all legal aspects of Italian residential and commercial real estate transaction and has been appointed between the Top 5 Italian Law firm for the Real Estate sector." - Corporate International Magazine

CONTINUE READING
Toronto City

International Tax Planning

The International Law Firm "Zagamilaw" is able to assist and advise companies and businesses wishing to implement an efficient international tax planning through proper allocation in different countries of their income derived from investment and management functions of the group, taking into account the different tax regimes and different tax rates adopted by each member, according to a general principle of legal supremacy of internal rules than those of other countries, subject to the existence of international agreements that address conflicts of imputation or double taxation.

CONTINUE READING
London

Price fall in February for UK residential property

05.03.2010 « Back

An increase in the number of properties available for sale led to residential real estate prices unexpectedly falling by 1.5% in February, the first drop since June last year, according to the latest index. The decline followed a downwardly revised 0.4% rise in January and left prices 4.5% higher in the three months to February compared with a year ago, according to the index from the Halifax.

The report says that increased supply, poor weather and the end of a tax holiday for some homebuyers had all contributed to the fall, though it noted property prices were still 8% higher than in April last year. ‘An increase in the number of properties available for sale has helped to reduce slightly the imbalance between supply and demand,’ said Halifax’s housing economist Martin Ellis. ‘At the same time, the bad weather in the first two months of 2010, together with the return of the lowest stamp duty threshold to £125,000, are likely to have had an adverse impact on housing demand,’ he added. Halifax said the average price of a home stood at £166,587 in February.

The index is the latest in a string of figures to point to a cooling in the UK property market. The Nationwide building society reported a 1% fall in prices last month and Bank of England figures showed mortgage approvals fell to an 8 month low in January. ‘In general housing indicators have been cooling off of late,’ said Alan Clarke, UK economist at BNP Paribas. However, Hometrack reported a 0.3% rise in house prices in February, compared to January. And in some parts of the country prices just keep rising, most notably London and the south east.

According to Hometrack February also saw the first year-on-year rise since March 2008, at 0.4%, and the survey shows prices rising across 25% of postcodes, a level not seen since 2007. However, Hometrack warns that the market currently lacks solid foundations. For example, the number of sales agreed increased by just 10% in February, compared with an average 30% over previous years. Furthermore, the supply of homes for sale rose by 4.6%, against an average increase in previous years of 14%, and buyer registrations were up by 8.3%, compared to an average of 24% in the same month over the last eight years.

The typical time needed to sell a property extended to 8.6 weeks, although the proportion of asking price achieved rose from 88% a year ago to 93.8% today. ‘A shortage of properties for sale has supported prices over the last 12 months but there is a danger that the pressure to gain instructions may result in the gap between asking and achieved prices starting to widen again,’ the Hometrack report said.

from www.propertywire.com