Tuesday, February 13, 2018

Foreign land

 British Virgin Islands (pop 30,600) is the official home of companies that own 23,000 properties. They are owned by 11,700 firms registered in the overseas territory.
97,000 properties in England and Wales held by overseas firms, as of January 2018.
Research found:

  • Close to half (44%) of all properties owned by overseas companies in England and Wales are located in London
  • More than one in ten (11,500) properties owned by overseas companies in England and Wales are located in the City of Westminster
  • More than 6,000 properties owned by foreign companies are in the London borough of Kensington and Chelsea.







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