Buying a house of their dreams is a desire of people, but this has become a challenge due to the financial and economic instabilities. That is why today, we are sharing with you the best way to get your dream home in the most realistic and reliable procedure. Home Loan financing, yes, you read it right. Home Loans provided by various banks are one of the fast ways of having your own home. Because home is...
The Global Business Forum of Africa saw President of Seychelles Danny Faure sharing details of the programmes that are driving the economy of the nation. In November 2008, Seychelles embarked on a macroeconomic reform programme to address some external debt difficulties and requested the assistance of the International Monetary Fund to help its domestic economy. President Faure said that the nation...
In July next year it will be implemented a tax on property owned by foreigners. A top official of the Ministry of Finance announced this during a consultative meeting on Thursday. Patrick Payet, the principal secretary for finance, said that the ministry took this decision after discussing with the government. The issue is that the real estate market is populated with foreigners. This makes prices...
The Seychelles’ Minister of Finance announced on Tuesday during the presentation of the 2018 budget to the National assembly that the third and final phase of the new income tax will be implemented on July 1, 2018. The proposed budget of SCR 7,951 million ($586 million) had an increase of 0.4 per cent compared to 2017. Forty percent of the budget will be spent on the Education, Health, Family...
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