The signs that the UK economy hits the problems began to emerge in the late summer of 2007 in which one of the country 'the biggest providers of mortgage s, Northern Rock, had to borrow billions Bank England to enable it to continue to sell. Coming on top of the difficulties across the Atlantic in the United States with their mortgage lenders, both London 's FTSE and New York' s the Dow Jones was shaken with the remedy provided by the federation and the government British interest rates in the United States to cut a half point and guaranteeing Rock 'Nordic, saving customers UK.If s in the current financial situation Worsten, with the U.S. entering recession and Wall Street, with London FTSE takes a dive, could have an effect on tax shelters dell'Andorra European and Monaco, according to a specialist based in Great Britain company. 'Of the tax shelter; Mediators of the city in London are gaining high bonusess salaries and to reflect that ', explaining the company,' but what was on the back of ten years of economic development under the current Labor government. The inquiries we receive for Andorra and Monaco often comes from those who work in the city of London who is looking to raise their earnings by reducing their taxes to be paid - but if you aren 't going to get the compensation they & # 039; re not going to allow a property in Monaco. 'With the same tax benefits of Monaco, Andorra has also seen the interest earned by senior BRITISH, who are attracted by prices of properties that make the media quarter of Monaco 's - a wise decision for those who are prepared to sacrifice Monaco' s image for a tax shelter that is well known for its winter sports between December and mid-April. commented that so far the year for sales of properties in tax shelters, the company reported the shirts seemed dark years for real estate agents in Andorra for sales difficult years of general dates for January, February and March. But the second quarter was found to be dramatically better. Rather than the season which has made slow, what has kept the second quarter was high net worth individuals who seek residency and taking advantage of Andorra 'condition s tax shelter that reignited the property market. Buyers from the United Kingdom in particular were out in force during the month of April, May and June, with many spending twice what the average buyer of the ski. A British who specialize in tax haven properties sees a direct link between the high prices of property in the European tax haven of Monaco and senior spendaccioni entering into the price of property Andorra.Monaco has increased in recent years in London extent where challenge to have the most expensive real estate in the world. Andorra has consistently seen inflation double-digit property, but is still considerably less expensive that similar benefits of tax Monaco.With, the British company says that some buyers who initially considered the claim in Monaco on l ' purchase in Andorra. The buyers have often million euros earmarked for an apartment of 2 bedrooms for Monaco and are happy to pay half of those apartment prices much larger region in a dell'Andorra good, with apartments on top in Andorra that turns quickly to foreign buyers. Some buyers of the properties of Monaco who buy in Andorra also buy a chalet with its own gardens, which of the four or five bedrooms beginning just below of a million euro buyers in the Andorra.The properties tend to go for dell'Andorra different regions, with buyers of the ski, which tend to buy in key ski resorts of Soldeu and Arinsal.Those seeking residence for tax purposes must be more to the villages and cities from year round who have a community resident. Outside the capital (La Vella) these tend to be La Massana and the upcoming village of Anyos, Ordino and Arinsal, although Arinsal 's nightlife during the ski season early - in December to late April tends to lead many newcomers to La Massana and its satellite villages which Anyos refined.

Roger Munns

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