Wyoming LLC for Holding assets

[Luganese]

Can a Wyoming LLC hold real state or shares from outside US?

Let's say I want to buy a house in Singapore and I want to use the WLLC for asset protection

Thanks

 

[Clip]

I read on some websites that can be possible, but don't know anybody doing it

 

[fshore]

Yes of course, a us company can own property, also in foreign countries, as long as that country allow foreign owners of real estate.

 

[Spinat]

I wonder what exactly is it you try to achieve here OP ?

 

[James Turner]

There are numerous ways to protect assets using offshore companies including a Wyoming LLC. As @fshore states as long as the country where the property is located permit this then it can be done.

 

[Luganese]

I wonder what exactly is it you try to achieve here OP ?

Imagine a creditor wins a legal demand in Singapore and wants to chase my assets worldwide. I have some properties in South Africa and Australia that want to protect

 

[vandusen]

What do you guys recommend to hold properties (real estate)? An US Corporation, or an US LLC?

 

[Clip]

Wyoming LLC, check Real state llc protection on YouTube, there's plenty of examples