Finance offshore

[ricar]

I would like to know if it will be easy to get finance corporation finance or a mortgage for a property in the UK using a corporation in Cyprus or the Seychelles.

 

[dwilson]

This would generally be considered a high risk transaction for a bank. There is also the consideration of whether a foreign entity can purchase property onshore.

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[ricar]

dwilson said:
This would generally be considered a high risk transaction for a bank. There is also the consideration of whether a foreign entity can purchase property onshore.
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In the UK foreign companies are allow to purchase property. I was wondering if it will be easier due to the current economic situation to get finance offshore.

 

[JohnLocke]

It will depend on what guarantees you can give the bank. I doubt it will be easier compared to go to your local bank which knows you.

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[clemens]

DITO - The offshore banks are no different than any other bank, if you don't have any property or assets you can show them you won't get a dime.

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