Buy Real Estate Without Revealing UBO?
- Thread starter Silvio
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More difficult than before. Still possible.
1. Always put the UK property in a UK limited company, and make the offshore company owner of that UK limited company. Use low profile nominee directors and shareholders (individuals, not yet another corps). Nominees who spread legs for less than 1K per year are unfit hookers with a lot of mileage.
2. Have your nominees contract with local lawyers to complete the property purchase. They point a finger to that offshore company when asked about ultimate beneficiaries they represent. PS! Make sure the UK limited company itself is bought by nominees of the offshore corp, and not by︀ you.
3. It's at this point the risk is highest - the offshore corporate record︁ will be checked before a title transfer is approved. If it features an address of︂ an incorporation windmill, and popular sluts as controlling persons and beneficiaries, they will ask the︃ same question again "who are the ultimate beneficiaries you represent?"
After the purchase, the risks︄ are much lower. As long as the title is held by a UK company, it︅ fits in nicely with domestic landlords. Title searches won't raise any red flags; nobody really︆ cares to dig deeper from this point until the property is sold or pledged against︇ a loan.
1. Always put the UK property in a UK limited company, and make the offshore company owner of that UK limited company. Use low profile nominee directors and shareholders (individuals, not yet another corps). Nominees who spread legs for less than 1K per year are unfit hookers with a lot of mileage.
2. Have your nominees contract with local lawyers to complete the property purchase. They point a finger to that offshore company when asked about ultimate beneficiaries they represent. PS! Make sure the UK limited company itself is bought by nominees of the offshore corp, and not by︀ you.
3. It's at this point the risk is highest - the offshore corporate record︁ will be checked before a title transfer is approved. If it features an address of︂ an incorporation windmill, and popular sluts as controlling persons and beneficiaries, they will ask the︃ same question again "who are the ultimate beneficiaries you represent?"
After the purchase, the risks︄ are much lower. As long as the title is held by a UK company, it︅ fits in nicely with domestic landlords. Title searches won't raise any red flags; nobody really︆ cares to dig deeper from this point until the property is sold or pledged against︇ a loan.
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