Tuesday, April 15, 2008

Paradise, Naples Beach style...





Most visitors prefer to fly in Naples by jet, but how could you enjoy this tropical setting if not owning a piece of Paradise?
Lovely contemporary beach house located in Port Royal.
Built in 2007, this 3,464 sq.ft 4 bedrooms, 2 full bath, 2 half bath beach retreat spiral up to the 3rd floor for a rooftop terrace with spa overlooking the Gulf of Mexico.

Listed at $ 3.5 Million

Sunday, April 13, 2008

Dubai developer buys stake in Fontainebleau




Fontainebleau Resorts, LLC, a privately-held Las Vegas-based resort and casino developer, announced that Dubai-based property developer Nakheel has invested $375 million in exchange for a 50% interest in the Fontainebleau Miami Beach resort.

Located on 17 acres of oceanfront, the Fontainebleau has been regarded as the crown jewel of Miami Beach resorts.
The "new" resort will include more than 1,500 luxury guest rooms and suites, a 40,000 square foot European-style spa, multiple marquee restaurants, a signature nightclub and ultra-lounge, lush resort pool and approximately 200,000 square feet of meeting, convention and ballroom facilities.

With a spectacular $500 million renovation, the iconic Miami Beach project is expected to open in the second half of 2008. Aventura-based Turnberry Associates bought the hotel in 2005.

The Fontainebleau Resorts is also building the Fontainebleau Las Vegas, a $2.9 billion, 63-story destination resort and entertainment complex situated on 25 acres on the Las Vegas Strip. Expected to open in Fall 2009.

This transaction provides Nakheel with a premier entrance into the Miami resort market, via the world renowned Fontainebleau...

Thursday, April 10, 2008

Contemporary Furniture Design




Contemporary design is often associated with open uncluttered spaces resulting in a clean appeal. Traditional squares and rectangles are replaced with curves and vibrant or subdued colors. Nature and all of her elements are invited into the interior of the home.
Functionality is also considered in addition to appeal.

Tuesday, April 8, 2008

The World's Top Tax Havens

© AP Photo/Paul Ames

Luxembourg

The grand duchy of Luxembourg doesn't tax nonresidents on capital gains, bank interest or dividends. Further more taxes are not withheld on behalf of other governments, leaving it up to individuals to report any investment income from their accounts there to their own country's tax authority.



© Yuval Sive/Istockphoto

Cayman Islands

Hedge funds have found warm tropical breezes. Home to more than 600 offshore banks, the Caymans have 8,000 Hedge funds registered . Strict reporting and privacy laws make the Caymans Islands a very popular destination.


© Rachael Bowes/Alamy

Cook Islands

The Cook Islands seems to be the preferred offshore financial center for the Asia-Pacific region. Investors pay no income tax, capital gains tax or death tax there. People with money to invest can apply for residence permits through the Cook Islands Development Investment Board.


© AP Photo/Lynne Sladky

British Virgin Islands

The British Virgin Islands are a top destination for forming corporate or international business companies. The low fees for filing the papers and the annual reports make the islands very attractive.


© Jon Arnold Images Ltd/Alamy

The Channel Islands

Between the shores of France and England, in the English Channel,The Crown dependencies offer foreign citizens living in the U.K. a chance to avoid certain taxes. However, new legislation coming into effect in April will end these advantages.





© Haider Yousuf/Istockphoto

Dubai

Dubai is tax free for corporations operating within its borders. Dubai contains a number of economic free zones which have various economic incentives to encourage investments and commercial development.

Economy of Dubai






© Atlee Mercer/Istockphoto

Bermuda

No income tax, profit or capital gains taxes and no withholding tax. Whole companies, like Tyco International, have moved there.



© Istockphoto

Lichtenstein

Foreigners can open trusts anonymously by registering them through a local attorney or trustee.



© AP Photo/Anchorage Daily News, Marc Lester
United States

Seven states in the U.S (Alaska, Delaware, Nevada, Oklahoma, South Dakota, Rhode Island and Utah) offer a version of an "asset protection" trust, but they aren't always bullet proof. Assets can't be transferred to avoid creditors, and creditors having claims on the assets before they're put in the trust have two years or more to get a judgment against them.



Wealthy individuals on the search for places where they can set up trusts that shield their assets from major litigations--and, possibly taxes have now quite a few choices...



Read the full story Liz Moyer and Tatyana Shumsky

List of Tax Havens of the World

Sunday, April 6, 2008

1236 S. Ocean Blvd. Palm Beach, FL





Photo by Shiny Shots

Sidney Kimmel's contemporary Palm Beach mansion is under contract for the asking price of $81.5 million
The Kimmel mansion at 1236 S. Ocean Blvd. was designed by architect Thierry W. Despont.
In 1993, Kimmel, paid $5.5 million for the property’s five oceanfront acres and spent five years building a limestone villa.
The contemporary 30,000-square-foot structure has 115-foot-long exposed mahogany beams, massive retractable glass wall panels and a Murano glass-tiled outdoor pool.

The house spent 24 days on the market and if the sale closes, it will be the highest property sold
in Palm Beach and one of the largest sums paid for a U.S. single-family residence.
It suggests that even as the housing market melts, the richest Americans seem to have little trouble selling their homes.

Listed at $ 81.5 Million.... Contract pending

Wednesday, April 2, 2008

Doheny Dr, LA




Connection between tranquility and city living.
Four bedrooms and Three bathrooms, spacious kitchen, formal living room and family room.
This home boasts extensive city views.

Offered at $ 4,9 Million