Luxury housing in the capital of the Philippines, the most populous city in the world, Manila, rose by 26.3% in 2023 – the highest among the 100 global markets monitored by Knight Frank, writes Mansion Global, citing the company’s report.
The second place in terms of growth was taken by the leader of the previous rating – Dubai, where the cost of luxury residential real estate increased by 16%.
The Bahamas took the third place with a 15% increase, while the fourth and fifth places were shared by the Portuguese Algarve region and South Africa’s Cape Town (+12.3%).
Global luxury housing prices grew by 3.1% last year, while 80 out of 100 monitored markets avoided recession.
Among the world’s regions, the best result was shown by Asia-Pacific, where luxury real estate rose by 3.8%. In North, South and Central America, growth was 3.6%.
The results of 2023 were significantly better than the forecasts of economists at the beginning of the year, said Kate Everett-Allen, head of international residential real estate research at Knight Frank, in the report.
The government action plan for 2024 envisages measures to open Ukrainian embassies in the Philippines, Colombia, Panama, Guyana, Paraguay and Uruguay.
According to the Government Action Plan, during 2024 it is planned to undertake administrative, organizational and financial measures to start the activities of the Embassy of Ukraine in the Republic of the Philippines. It is also planned to start the process of opening embassies in Colombia, Panama, Guyana, Paraguay and Uruguay. It is noted that it is envisaged to open one full-time consular office of Ukraine and five non-staff consular offices.
COLOMBIA, embassies, Guyana, PANAMA, PARAGUAY, PHILIPPINES, URUGUAY
The Cabinet of Ministers of Ukraine plans to negotiate with the Republic of the Philippines on exemption from visa applications for citizens using diplomatic, official and service passports.
The corresponding draft agreement was approved at a government meeting. Oleksandr Nechytailo, Ambassador of Ukraine to the Philippines, was authorized to sign the document.
As soon as the agreement enters into force, citizens of countries with diplomatic, official and service passports will be able to stay on the territory of the other side for 90 days during 180 days without visas.
From August 14 the Ministry of Foreign Affairs of Ukraine begins the centralized registration of Ukrainian electronic visas (e-Visa) for citizens of India, South Africa and the Philippines, the press service of the Ministry of Foreign Affairs reports.
“The Ukrainian e-Visa is issued for trips to our country for business, private, tourist purposes, for medical treatment, for activities in the field of culture, science, education, sports, as well as for representatives of foreign media,” the statement said.
So, to apply for an electronic visa, you need:
– register on the MFA web platform https://evisa.mfa.gov.ua/ (available from August 14);
– fill in the application form online, upload a photo and scanned copies of documents (passport, invitation, etc.), pay the consular fee with a bank card;
– receive a ready e-Visa by e-mail (sent in pdf format).
It is reported that to enter Ukraine, a person needs to print the e-Visa and show it with the passport to the border authorities of Ukraine at the checkpoints across the state border.
“At the same time, the standard procedure for issuing Ukrainian visas in foreign diplomatic institutions of Ukraine still remains in force for citizens of these states,” the ministry reported
