I have been reading in Private Eye 1388 an article entitled “London’s laundry”. The article reports that according to Transparency International, https://www.transparency.org/ , there are 40,000 properties owned by foreign companies, 36,000 of them via tax havens. It is suggested that many are bought with dirty money. If we look deeper maybe we would find that as a Parisian or if you are a New Yorker or from any big city around the world trying to buy a property you may not able to because of a similar problem. The article in Private Eye goes on to say that our Met Police has been able to look at just 120 of these in the last ten years.
Ownership of your City’s Properties
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