Home Real Estate The secret real estate portfolio in the United Kingdom is over US$5,451.6...

The secret real estate portfolio in the United Kingdom is over US$5,451.6 million. World

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The royal family of Qatar, Russian oligarchs and prominent British businessmen are on the list of those who acquired wealth in India. United Kingdom Priced in excess of £4,000 million (4,700 million euros, US$5,451.6 million) through companies registered “offshore” or in tax havens, the BBC disclosed within the investigation of the so-called Pandora Papers.

According to leaked documents, which British public channels had access to, the real estate portfolio accumulated in this country by covert buyers includes more than 1,500 properties acquired through opaque means.

The BBC reported that the Qatari royal family, through firms based in the tax haven, bought two houses in one of London’s most exclusive areas, overlooking Regent’s Park, in order to save millions of pounds in taxes.

Other members of the Al-Thani monarchy also own several properties in the United Kingdom, thanks to these financial arrangements – which are legal in this…

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