Buyer Incentives during Transition

I will retract what I said. in this recent vlog,
about the buyers of the property having to pay in-full
from their savings during the transition phase.
& conclude that they can also use a bank loan or mortgage
to fulfill the final asking price of the property.

Due to no-risk to the Kingdom:
Technically the Kingdom is not affiliated with the bank loan,
merely that the bank has to pay the Kingdom in-full for the actual property, similar to how a bank has been paying a notaire as has been active here in olde France,
The Kingdom is essentially the notaire with a difference:
1.) The "Writ of Deed(s)" are kept by the Kingdom
2.) Funds from purchasers are kept as income & to pay sellers.

Therefore, the mortgage acquisition from the buyer
is not a risk investment to the Kingdom,
only the bank, if the mortgage is not paid.

Buyer Incentives:
Also, I spoke about,
buyers incentives for persons with property investment portfolios,


1.) those who rent out & let out properties,
there is the initial citizenship given to property purchasers for properties 500,000 or over, to anyone in the world,
which includes the pre-paid wage... on into retirement.

2.) With the additional incentive of adding 1-2 citizens into the Kingdom,
who prefer to rent the said property purchased.

Then the buyer has a secure deal to help accomodate any mortgages paid into,
because the rent allowance is already there each year,
for each renter in the Kingdom.

I believe in Britain the above type of property owners are called buy-to-let.
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Retirement Benefit:
3.) By purchasing 500,000 or more in a property investment,
the yearly pre-paid wage is included for 1 person through retirement,
which can be a greatness for many persons, 
who had uncertain retirement plans,
because the yearly amount is certain throughout one's lifetime.

The original 500,000 equivacates to 25 yrs of spend value "@" 20000 per yr.
from a savings from a regular bank,

While the Kingdom's give as a spend value, includes;
a.) Options of 1-2 new Kingdom citizens as renters,
b.) Funding one of the Kingdom's businesses for profits.
c.) If living over the 25 yrs., the buyer receives;
additional yrs. of retirement proceeds.

4.) Upon, selling, the Kingdom handles the transaction,
& has a purchaser list at the ready.  

Bringing Personal Savings into the Vaux Kingdom's Bank:
One can purchase citizenship into the Kingdom also,
on any amount 1,000,000 or over,
However, 500,000 of the money cannot be withdrawn,
where it is kept as a 25 yr. retirement voucher,
& the other 500,000 or more,
is not to be used outside of the Kingdom's realm of businesses;
which avoids money pass-throughs of laundering & corruption from occurring,

The retirement voucher block, also avoids,
yearly pre-paid wage greedaholics from getting a quick 20,000 each yr.  for the rest of their lives, who had no want to spend it on our businesses or remain in the Kingdom at all.

Convincing Everyone

The Vaux Kingdom's economy:
 
Business:
1.) 25% business tax only to:
*Banking institutions, casinos, public utilities and telecom companies, church donations, and celebrity and/or sportspersons if over 1 million in earnings per yr. 
2.) No employer or employee retirement taxes.
3.) Free pre-paid workers, 
that also pay into the business, 
a minimal yearly amount 1000 -3000 for yearly company profits, as profit shares.

Employees:
1.) no personal income tax, including wages.
2.) 20,000 that is also is included with retirement.
3.) No retirement taxations, No health care taxations from their employer.  
3.) Profit Share options: inputs from the 20,000, 
1000-10,000 can be used for profit shares in a company.

100,000 former wage. and the pre-paid wage: 20,000

=120,000 actual take home wage.

& including the 20,000 through their retirement years.

Unemployed:
1.) The unemployed can join businesses & earn a profit potential & not be fired due to lay-offs from company with less profits.

Retirees:
As silent partners to businesses, they can give up to 10,000 per yr to a business, & obtain profits from that yearly input, tax free.
The option is freely given from the kingdoms savings,
savings that is built on pure profit of property sales, that fund the economy.

Non-workers:
House husbands & house wives who stay at home and rear children or are variable to changing their careers during life, are compensated, 20000 per yr.
This cuts down on any family aggressions due to financial stress,
thereby reducing the police departments in size and reason for patrol.
These non-workers also can contribute up to 10000 toward a house or condo with their spouse(s)., or friends.
Just as the retirees; they can also be silent partners supporting a business,
& not actually go to work physically or work for a company,
yet receive a small profit for savings year to year, tax free.

Students:
Have enough money to pay for additional schooling,
schooling which helps to increase the over-all intelligence of the human race.

Property Owners:
A certain yearly amount available to pay for a property,
regardless of career status changes.
Options to include assured renters;
Renters who will always be able to pay each years rent,
or at least a major portion in expensive areas.

Renters:
Have enough to pay the rent, & choose which property,
making better decisions on where to live for longer durations,
rather than living in a less than wanted circumstance,
which depletes contentment of persons all-around.

Profit shares from the kingdoms yearly budget, 
will balance the difference for persons of the following careers, if they are workers with the Kingdom:
1.) Realtors 2.) Health Care workers 3.) Government Department Employees

So, the above career workers are able to continue to pay for their mortgages,
& maintain a similar payment to savings plan.


Government departments wanting more to run, 
such as Military or Infrastructure, will be lessoned, into a slower, more choosy reality, of what to purchase & what is over-supply.


*Casinos, Gaming Halls, & Banking Institutions:
The business income tax is currently 25%. Though it could increase.
The tax is because money is garnered from a persons savings or work efforts.

This rate is actually lower, in many cases,
due to the incredibly less-efforted work afforded of figuring the income tax due.
A blessing to those businesses, where before they have been hounded for each profit proceed with a different rate & gain variation from each.

*There are only a few other odd businesses that may be taxed 25%: 
Pornography: businesses selling or making pornography for resale.
Church entities receiving donations.
Utilities and Telecom companies.
Celebrities & Movie makers, earning over 1,000,000 per engagement, event, or movie.
Sports Persons earning over 1,000,000 per year.
Lecturers at Universities & other Schools earning over 1,000,000 per year.
 
Other fines & Penalties:

Foreign Ship Docking Fees:			100 – 10000		daily – monthly moorage fees.
Small Fines:			Under 1000		from speeding, & other small claims:
Medium Fines:			Under 100000		unfair business practices
Large Fines:			Over 100000		businesses creating excessive pollution, etc.

The Kingdom is classed as Free Trade:
Countries not included with our Kingdom's Free Trade, 
of no sales tax on imports or exports, 
& will have import taxations 
on their items to be sold for resale within the Kingdom: from 5 - 25%:
5% being most goods, 
25% being weapons & militia equipment. 

Prison Facilities:
10000 each prisoners from their yearly account which goes towards funding the operations of the prison facility, with group buying for foods, upkeep, repairs, renovations, while also paying the main operators a profit share. 100 prisoners = 1,000,000 per yr.
If additional is required, a small % goes from the kingdom's savings also. 
Though the plan is to release most drug offenders which reduces prison populations dramatically. 
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After the property sales momentum reaches a peak,
then, a tax rate may have to be applied to other businesses, 
in order to compensate for increases or decreases 
in departmental spending.  

Property Purchases with & without Mortgages

As the Vaux Kingdom's savings balances builds, while maintaining its population with the pre-paid wage & other governmental departments:

A few interims of money flow have to go on during the transition phase:
 
Beginning with each property sold,
requiring a buyer, who has the dedicated amount, the seller is asking:

such as :
seller: 2,000,000 to sell.
buyer: 2,000,000 or more* to purchase.


*in areas where property is in demand, buyers may purchase higher.

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Later on, as the savings balance builds, higher, then, purchases of property over the 20 yrs, without a mortgage, of 1000-10000 per yr. can commence.

Before that time: if the full amount to purchase is not available,
mortgages are the option, if not renting.

Mortgages:
Purchasing through a bank.

Bank loans & mortgages can be used as an inclusion method of purchase:
in conjunction with the pre-paid wage allowance toward a property.

bank mortgage + the pre-paid wage allowance = property paid.

However because of the additional interest rates,
the houses or condos available to the purchaser will be lower priced in value,
than ones with the longer term plans for the Kingdom,
(of interest free over 20 yrs) ... on properties up to 200,000. per person.

as shown in the following workable chart:

under the with mortgage & without mortgage sections.

Located on the spreadsheet of The Kingdoms Profit & Budget  

on the property allowance page.

With help of the Kingdom's Allowance a few lesser valued properties can be purchased outright if a savings is associated and or other persons group purchase.
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& Later on...
when the Kingdom can purchase the many properties outright for resale,
with full value finally returned over 20 yrs time, :
Then the free-interest rate version, with properties up to 200,000 per person,
can be purchased directly through us.

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*The kingdoms budget spreadsheet:
Things I am adding to it:

1.) requires a few more department columns,
such as health care (100 per person aprox.), & realtors % based,
from the kingdom savings account.

2.) property sheet
of sellers & buyer(s),
with prices of each. that are sold through the kingdom.
as those yearly amounts then, are adding into the total into the years income,
on the starting sheet.
 
3.) Profit Shares % for businesses to give out to employees, to make up the difference, from the 20000 wage to their old wage,
such as 50000, reducing the retirement benefits to around 39000,
requiring profit shares of 19000 for the employee.
Businesses will have the profit shares available for their workers,
because there is no business income tax,
plus the free pre-paid wage workers with lessor skills.


4.) Including also on the property sheet section:
inheritance properties, with value columns,
if there are no beneficiaries listed from the property owner.