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The famous program “A house for one euro” is available to foreigners, including those from Russia. We tell you what you need to be prepared for when buying a “free” home, how to apply, where to look for such objects and whether the deal gives the right to an Italian residence permit.

🏠 Home for one euro in Italy: how it works
The sale of real estate for one euro is an initiative of the Italian government, which extends to many remote Italian municipalities.

The aim of the action is to stop the outflow of population, promote economic development of settlements and restore the aesthetic appearance of such settlements.

Even non-residents of Italy have the opportunity to join the program of houses for €1.

Conditions for participation in the program
🟣 Submit a building renovation project within the period set by the municipality. This period is usually one year from the date of purchase of the property.
🟣 Pay the transfer taxes and pay the notary fees.
🟣 Start and finish the work within the time frame set by the municipality. The maximum period of repair and restoration work is three years.
🟣 Pay a refundable insurance deposit as a guarantee for the construction work (€1-10 thousand).

💶 Where to look for houses for one euro?
Homes for one euro can be found in both the north and south of the Italian peninsula, so buyers have a wide choice.

For a full list of municipalities and locations on a map, see here. However, most of these offers are concentrated in the southern provincial areas of the country.

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Millennials are slowly crossing the 40-year mark, and CNBC took an interest in the travel habits of these folks who have largely shaped today’s travel industry.

By the way, Millennials are usually referred to as people who were born between 1981 and 1996. You can also find the wording “Generation Y” or “Generation Next”.

✈️ Generation Y loves to travel

According to the research company Morning Consult, Millennials travel more than baby boomers (born 1946-1964) or Generation X (born 1965-1980). This is not surprising for our latitudes, but in the West there are a lot of resources in the hands of baby boomers.

The statistics for the States are as follows: three or more domestic flights in the last year were taken by 18% of millennials, 10% of X’s, and only 6% of baby boomers.

Interestingly, travel is perceived by millennials as a right rather than a privilege. “For them, the travel experience is part of their identity, not a tick on their wish list,” notes analyst Lindsay Roschke.

💲 Spending but not splurging

Millennials put off everything in life, from buying their first car to getting married, because of the need to “save up. However, when faced with a choice: to put a hundred or two in the piggy bank or spend it on a trip, they often choose the latter. Vacation ranks pretty high on their list of priorities, which explains their willingness to invest in it.

That said, according to the insurance company InsureMyTrip, millennials don’t exactly travel in the “last time” style. They generally spend more on tickets than other generations, but they look for economy options on the spot and optimize their travel budget in every way possible.

So it turns out that where an American baby boomer will shell out $6,126 for a trip, a millennial will spend $4,141.

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Armenia offered especially attractive conditions to the organizations working in the sphere of information technologies. Let’s find out what benefits are offered to IT-companies and how to use them.

What bonuses are given to IT companies?
In 2014 Armenia adopted a law “On State Assistance in the Sphere of Information Technology”. According to this law, IT organizations are issued an IT certificate, which provides significant tax benefits:
🟣 Zero VAT rate (instead of 20%).
🟣 Zero income tax rate (instead of 18%);
🟣 Income tax rate: 10% on employee wages (instead of 21%) and 5% on dividends (instead of 21%).

⚠️ Only those organizations that are registered on the territory of Armenia are covered by the law. In addition, the preferential taxation applies only to foreign income.

What IT-companies can apply for the IT-certificate?
To qualify for this document, a company must operate within one of the six approved areas:
😇 Engage in software development.
😇 Implement educational, research programs in IT.
😇 Perform computer systems management activities.
😇 Conduct consulting activities in the field of computer technology.
😇 Perform activities related to web portals.
😇 Process data, post information online, and conduct other related activities.

How to get an IT certificate?
1) Register a company in Armenia.
2) Open an account for a legal entity in Armenian banks.
3) To develop a business plan of the project.
4) To apply.
5) To present the project in person to the representatives of Ministry of Economy.
6) If the decision is positive, the IT certificate starts working the same month.

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Mexico is a colorful country that tourists from all over the world want to visit. However, this state often puzzles visitors. And there are many reasons for that.

➡️ Stones
Do not be surprised if you see Mexicans put stones in your food. No, it’s not a newfangled diet, it’s tequesquitos - natural mineral salts. For years, Mexicans have been using them as a condiment.

➡️ Language
There are more than 60 national languages in Mexico. Although Spanish is the most widely spoken language in the country, it is not the only official language. Ever since the government passed the Language Rights Act, more than 60 local dialects have been recognized as official languages.

➡️ Name
At birth, Mexicans are given not one, but two names at once - for example, Juan Pedro.

➡️ Head
Mexicans prefer to carry weights on their heads rather than in their hands.

➡️ Insects
Mexico is a hot country, and like almost any hot country, you can encounter dangerous insects here. In particular, when picking fruit, Mexicans often find scorpions in the crates.

➡️ Pedal in the toilet
In Mexican homes and hotels you cannot always find a flush button on the toilet. It is not uncommon to flush by means of a special pedal.

➡️ Liquid Soap
You can buy liquid soap in Mexico by weight and take it home in a cellophane bag.

➡️ “Parking lots” for dogs
While in other countries owners have to tie up their dogs and leave them outside stores, in Mexico animals can wait for their owners in a special dog park.

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The law to prohibit foreigners from buying residential property in Canada was passed by Parliament in June 2022 and took effect on January 1, 2023. However, the other day, the federal government announced amendments to the Act, which relaxes some of the restrictions for non-residents.

From now on, work permit holders or those authorized to work in Canada can purchase property to live in while working in the country. Work permit holders must have 183 or more days of permit validity at the time of purchase and cannot purchase more than one residential property.

The ban will now not apply to vacant land designated for residential and mixed-use development, so foreigners can buy such land with the potential to use it for residential development.

There is an exemption that allows foreigners, as well as public companies established in Canada but controlled by foreigners, to buy residential real estate for development purposes.

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On March 15 China resumed issuing all types of visas for Russians, and the document slots are already sold out a month in advance. But if you want a quick glimpse of the Chinese wall and some noodles, write down a tip.

A quick way to cross the border to China shared by a representative of the Russian Union of Travel Industry.

• The way goes through Khabarovsk and Harbin

• Chinese partner of a travel agency issues an official invitation to visit the country

• Customer receives a Letter of Guarantee and Invitation

• These documents need to be presented at check-in at the airport

• In Harbin the tourist gets visa on arrival, which is valid for one month.

Voila! The Chinese party cheerfully welcomes the new tourist and gives him a bowl of rice and a cat-wife.

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Levels.fyi is a service for comparing salaries by country and company. In addition to salary data, the site offers information on benefits, perks, and other factors that affect pay.

TopResume - helps you create a resume that will snag an employer + a feature is available to check a resume you’ve already written yourself.

LinkedIn - a tool for browsing jobs and communicating among 700 million users. You can connect with professionals in your industry, share experiences, and follow companies that interest you. LinkedIn also has a handy job search feature.

Glassdoor - 65 million users from 190 countries comment on companies and jobs. In addition, the service has a convenient job search system: you can sort vacancies by location, company rating, and salary range.

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With this slogan, the Spanish city invites digital nomads to visit it.

Asturias created a special project and launched [website] (https://www.nomadasturias.com/), where they collected the most necessary information about the city for nomads.

They did a good job: a detailed list of documents, description of the city and the advantages of the program. So even the low price of the rent is enticing. For example, living in Asturias is 17% cheaper than in Madrid, and 15% cheaper than in Barcelona.

Maybe there’s a town in Spain called “Paradise for the Unemployed”?

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