Contents tagged with US property market

  • Washington to cut off Russian oligarchs from US property market

    Russians may find themselves under new restrictions pertaining to the purchase of big-budget residential property in the US. American senators want to obligate companies insuring real estate deals to inform the Treasury about Russian natives purchasing expensive apartments in the country.

    This possibility is discussed in a bill on new anti-Russian sanctions which was drafted by republicans Lindsey Graham, Robert Menendez, Cory Gardner and Ben Cardin. The document states that information on …