The 3 Benefits of buying a property in your own name
Written by Offshore Property on 2009/01/04 – 10:12 PM
If the value of the property is less than Euro 1million, one may want to consider owning the property in one’s own name.
Benefits:
- The costs of running a corporate structure are avoided.
- No risk of beeing subject to pay the “locked in Capital Gains Tax“
- No risk of beeing subject to legislation changes regarding offshore taxation
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