Buying a property on the name of a private person may lead to high tax losses, complexities in transferring a property to heirs, and make a selling procedure more costly and lengthy.
Putting a property on the name of an offshore company may result in the following benefits:
Preservation of a buyer's confidentiality as an offshore company will be registered as a property owner at the UK's Land Registry. Information about shareholders and directors in not open for public in many offshore jurisdictions.
Simplification and reducing cost of a selling procedure as the transfer of a property can be achieved by transferring company shares to a new buyer, and appointing him as a director. Because the same offshore company remains the owner of a property in the UK's Land Registry, no stamp duty is payable in the UK on such a transaction (stamp duty is 1-7% of a property value, depending on the property value), and cost and length of a selling transaction are reduced substantially.
Preservation of an operational control over the property by appointing yourself or your trusted person as a director of the company.
Simplification of the inheritance procedure as shares can be held directly by heirs or a trusted person who would transfer the shares to required individuals, or appoint them as directors, when needed.
London property investment
London off plan property
Flats and houses in Central London