NBK organizes seminar on UK taxation changes
National Bank of Kuwait (NBK) will hold a seminar titled “London Residential Property: Important Taxation changes and outlook” on Wednesday 11th of February, 2015. UK experts will discuss changes to the taxation of UK residential properties for non-UK residents and the outlook for the residential real estate market in London.
The seminar will host Robert Blower, a senior partner at the leading London Law Firm Charles Russell Speechlys LLP and Tom Bill Head of London Residential Research at Knight Frank, one of the world leading real estate firms. Robert Blower will present an overview of the recently announced tax changes related to residential property in the UK for non-UK resident owners. Bill will present the latest developments and the outlook of the residential property market in London.
Fawzi Al Dajani, NBK London General Manager, said that the seminar will provide NBK customers with an insight on these important topics. The seminar will be of particular interest to customers who already own or intend to buy residential property in UK. NBK London offer selective real estate services which include assisting clients to identify and purchase properties that meet their requirements, timely settlement of all periodic utility bills, real estate financing, and establishing and managing offshore structures that can own properties in the UK.
With its large international network, NBK provides customers with the best investment opportunities and services. NBK continues to enjoy the widest banking presence with an international network reaching 170 branches worldwide. NBK’s international presence spans many of the world’s leading financial centers including London, Paris, Geneva, New York and Singapore, as well as China (Shanghai). Meanwhile, regional coverage extends to Lebanon, Jordan, Iraq, Egypt, Bahrain, Saudi Arabia, the UAE, and Turkey. NBK continues to enjoy collectively the highest ratings among all banks in the Middle East from the three international rating agencies Moody’s, Fitch Ratings and Standard and Poor’s. NBK was also named among Global Finance’s list of the 50 safest banks in the world for the ninth consecutive time.