Offshore for real estate

[Volex]

Which is the best offshore solution for buying and holding real estate for many years? Thank you.

 

[wtf]

Where do you want to buy property?

 

[Volex]

In Europe

 

[Internationaloff]

Foundation.

 

[Volex]

Foundation.

Where?

 

[Internationaloff]

Where?

Where do you want to buy property?

 

[SoFast]

Can I buy property with a simple IBC? I read it's possible!

 

[Internationaloff]

Can I buy property with a simple IBC? I read it's possible!

Yes and no. It depends on the country of the property.

 

[GCE]

European property cannout be bought by IBC or at least not directly. You can build a holding structure and try to obtain it in this way.
Another solution - EU foundation or bearer shares JCS could easily control property within EU.
I cannot guarantee for all type of business entities across Europe but Bulgarian model works.

 

[Internationaloff]

European property cannout be bought by IBC or at least not directly. You can build a holding structure and try to obtain it in this way.
Another solution - EU foundation or bearer shares JCS could easily control property within EU.
I cannot guarantee for all type of business entities across Europe but Bulgarian model works.

Each country has its own rules.

 

[SoFast]

European property cannout be bought by IBC or at least not directly. You can build a holding structure and try to obtain it in this way.
Another solution - EU foundation or bearer shares JCS could easily control property within EU.
I cannot guarantee for all type of business entities across Europe but Bulgarian model works.

WHO will stop you from buying property with a Seychelles IBC?

 

[GCE]

In Bulgaria, for example, a real estate cannot be owned by foreign person (individual or entity)

 

[crownblown]

I agree with @SoFast if I have a Seychelles IBC how will they stop me to buy a property in Spain or Greece if I pay in Cash or by bank transfer no loan??

 

[Internationaloff]

Where?

If the country accepts, you can use a Foundation in St. Kitts and Nevis or Panama as Holding.
If the country don't accept, you can use a Foundation in S. Kitts and Nevis as Shareholder of an European Company.
The final solution depends on the country and the individual case.

 

[adoffshore]

Seems no one really know what to say and what the right answer is! I conclude it is depending on the offshore jurisdiction and the country where you want to by property! Both have different laws for acquiring property!

 

[Volex]

If the country accepts, you can use a Foundation in St. Kitts and Nevis or Panama as Holding.
If the country don't accept, you can use a Foundation in S. Kitts and Nevis as Shareholder of an European Company.
The final solution depends on the country and the individual case.

What are the costs of a Foundation in S. Kitts and Nevis or Panama and what documents are necessary? Can I open easily a bank account for the Foundation?

 

[Internationaloff]

What are the costs of a Foundation in S. Kitts and Nevis or Panama and what documents are necessary? Can I open easily a bank account for the Foundation?

A Foundation is like a tailored suit.

 

[Talyn]

Seems no one really know what to say and what the right answer is! I conclude it is depending on the offshore jurisdiction and the country where you want to by property! Both have different laws for acquiring property!

Perhaps because OP's question is really vague like: "I want to buy a cheese, I live somewhere in the south hemisphere. What is the best one?"
It depends in which country he wants to buy properties. Not all countries allow foreigners (corporate/natural ones) to buy properties.

 

[negon]

Perhaps because OP's question is really vague like: "I want to buy a cheese, I live somewhere in the south hemisphere. What is the best one?"
It depends in which country he wants to buy properties. Not all countries allow foreigners (corporate/natural ones) to buy properties.

I agree with you @Talyn we need more information..

 

[JohnLocke]

OP is a user of few words! more details would be appreciated!