PERSONAL WEALTH

Foreign Property Ownership

“Offshore Tax Heaven & Worldwide Immigration” (OTHWI) assists most of its esteemed clients with the acquisition of real estate around the world. We can outsource advice on tax and structuring and can manage the transaction process and all financing arrangements. With our regional knowledge of property ownership laws and regulations, along with our tax planning and legal expertise, we can help you to reduce any potential exposure also to secure your wealth in a safest way.

Most of the people who own or intend to own property abroad will not be fully conversant with local legal procedures or actual taxesation system, stamp duties, municipal and wealth taxes and may not fully recognise the longer term implications in terms of potential exposures to capital gains tax, inheritance tax or forced heirship rules etc. Substantial benefits may be derived through the use of corporate, trust or foundation structures to address these vital and essential issues.

Issues that would-be buyers need to consider include:

• The purpose of the property
• Who will live there?
• The legal status of the owner.

“Offshore Tax Heaven & Worldwide Immigration” (OTHWI) has long experience in structuring foreign real estate ownership. We appreciate that each family presents an unique set of circumstances and will work to balance their residence requirements with their estate planning needs and to structure ownership of real property to the family’s advantage.

Through our global office network and connections we have built particularly close relationships, over many years, with lending institutions, leading agents and foreign lawyers enabling us to offer our clients a legal, seamless and consistently high-level service when acquiring real estate across the globe.