Why homebuyers in the UK should not be afraid of sanctions.
Every man who does not want to dwell in an artificial illusory world, should understand that he is influenced by the technologies of manipulation of public consciousness. The result of such manipulation becomes formed at a particular target group of people about priorities or false purpose.
So, for many people the question of acquisition of any property in the UK was a big issue because of the risk to fall under sanctions. Let’s try to understand what’s really going on. To appreciate the absurdity of these fears, it is necessary to understand some fundamental principles that underpin British society.
These principles include:
1. The priority of business interests over political interests.
2. The rule of law in the United Kingdom.
3. Priority to domestic interests over foreign policy.
1. It is known that the UK has for centuries gained the reputation of a country with a favourable business investment climate. A favorable investment climate is one of the most important features of the UK economy, which involves the stability of the banking system, the strength of the currency, loyal and flexible tax laws, objectivity and transparency of the overall system of law.
English lawyers are known worldwide for their reputation of incorruptible professionals. This fact forced to admit the Russian officials and representatives of state corporations of Russia. How else to explain the fact that English company law raised by the state company OJSC “NK “Rosneft” (the head of which Igor Sechin is under sanctions) to challenge the economic sanctions and the protection of their interests at a “modest” amount of £17.7 million pounds?
And now it is the “High court of her Majesty” will consider the claim of Russia to recover the debt of USD 3 billion from Ukraine.
Families of many deputies of Russia and members of the government continue to live in the UK, to educate their children in the UK and to do business here. The examples are not far to seek – the daughter of Vice-speaker of the State Duma Sergey Zheleznyak lives in London.
The family of another major Russian representative of a state company, also came under the sanctions – the family head of Russian Railways, Mr Yakunin is suffering greatly from the sanctions – the eldest son Yakunin, Andrei, lives in London with his family, his son Igor , the grandson Yakunin, a senior , attends a prestigious London school, Highgate School, and the Andrew heads the British investment company Venture Investments & Yield Management (VIYM).
Local geopoliticheskie conflicts on our planet occur regularly in one or another of its parts, but this fact could not affect the status of London as a global business centre.
2. We all know that the system of law in Britain evolved over the centuries and is rooted in the middle ages. The system of case law allows and sometimes when a decision to refer to the acts, published several hundreds years ago.
The relations connected with the ownership of land and houses are governed by the act of 1925, which took into account the experience of centuries and however simplified some procedures have lost their relevance.
On our website there is an article (Land law and property ownership in the UK) on ownership of a land property in the UK. The legal relations connected with the land of private property apply to all equally. It would be strange to assume that such relations can be differentiated depending on the political affiliation of the person.
It is obvious that no one in the government of Britain will not come to mind to amend formed by centuries of laws governing land law, in connection with the conflict between Russia and Ukraine.
3. Contrary to the apocalyptic beliefs of our government members who themselves live in an alternate reality and methodically immersed in it, its citizens, democratic States do not like to study geopolitics. We are not discussing is it good or bad, it’s just a fact. Open , if you do not believe any British newspaper and you will see that the interests of the British voter. In General, one who often travel abroad and deals with ordinary European voter may have noticed that it generally have little interest in what happens outside their country. Many ordinary people even a little interested in what is happening outside of his district. They are not politicized to the bone, as people in Russia. People are concerned about their pressing problems. And elections to the local municipality, for example, is more important than elections at the Federal level. Accordingly, the UK government is more concerned with internal problems of his country, than the mythical geopolitical interests. Material well-being, the safety and health of citizens should be the priorities of the government. And no another political gamble may not be more important than these priorities.
And now there is documentary proof of these opinions. The largest international real estate company Knight Frank has published its November report on the real estate market in the UK sector of the super-expensive luxury homes more expensive than £10 million According to the report, the share of Russians who have bought property in this sector almost doubled over the past 6 months was 21%. Wealthy Russians, having recovered from the first shock, returned to the property market in the UK and continue to invest in a country with a stable economy and brighter prospects. (On the London real estate market is back the Russians ).
People who wish to buy property in the UK or to make investment, can be calm for their money. No coincidence London is considered one of the four capitals (London, new York, Hong Kong and Singapore) , which receives 90% of wealth from all over the world. UK welcomes investment in their country no matter what the nationality of the investor – the law is the same for all.
If you do not enter in a public list of persons involved in armed conflict in the East of Ukraine does not supply arms to the extremists and not Finance radical religious movements – you have nothing to fear.
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