Offshore for real estate

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Volex

🗣️ Active Recruit
Dec 26, 2016
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Which is the best offshore solution for buying and holding real estate for many years? Thank you.
 
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.
 
In Bulgaria, for example, a real estate cannot be owned by foreign person (individual or‌ entity)
 
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??
 
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.
 
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!
 
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?
 
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.⁣
 
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