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A Statement of Assets, Liabilities, and Net Worth (SALN) [1] [2] is an annual document that all de jure government workers in the Philippines, whether regular or temporary, must complete and submit attesting under oath to their total assets and liabilities, including businesses and financial interests, that make up their net worth. [3]
The best known [11] [35] of these properties are the Marcoses' multi-million dollar real estate investments in the United States, [36]: 16 particularly Imelda's purchases of buildings and real estate in New York, [37] the estates purchased in New Jersey for the use of the Marcos children, [38] Jose Yao Campos's investments in Seattle, [39 ...
Maintenance and upkeep alone cost at least US$3.2 million in 1984 and US$10.5 million in 1985, all at prevailing exchange rates and not yet adjusted for inflation. [ 2 ] According to the calculations of author Ricardo Manapat, this would have been sufficient to feed "a small town of 48,000 people," or "8,000 starving families of 6" for a year.
Real estate scammers have become a lot more brazen recently. They’re staking their claim on the million-dollar homes of the very wealthy, armed with nothing more than a few forged documents.
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With an average annual return of 10% compounding over those 20 years, your $1.5 million will turn into over $10 million. 5. Real Estate. Real estate is another place you could put your $1.5 million.
The first refers to businesses with estimated patrimony over 68 million Colombian pesos (about 34,000 USD), and the second refers to those with patrimony less than that. Although both are obligated to pay the same percentage, the simplified taxpayers are not obligated to conduct separate bookkeeping for the VAT or to generate invoices.
Ultimately, the choice of whether to buy property in a desert town is a personal one. While not all desert towns have affordable real estate markets, this is a benefit of many areas.