The United Kingdom is also a tax haven for non resident individuals and investing in the UK property market through an offshore company can reap amazing tax savings!

The United Kingdom is an excellent location to invest in property – and through an offshore structure the tax liabilities can be reduced – particularly effective if purchasing the property – but also beneficial if transferring your existing property into an offshore ‘umbrella’ structure.

The property will be held in a tax effective jurisdiction (typically a British Virgin Islands or Isle of Man company) and the shares held in Trust for the owner. As the property is owned by an offshore company that is managed and controlled offshore – a number of tax benefits can be applied. The property can also be rented (upon application to the Inland Revenue as a non-resident landlord).

Such benefits of the structure include:

• Zero Capital Gains Tax – on the sale of the property no tax will be paid on the capital gain.

• Zero Inheritance Tax – the property would not pay any inheritance tax in the estate of the ultimate owner.

• Zero Stamp Duty – in certain cases stamp duties on the transfer of the property can also be mitigated.

Income tax arising from the rent of the property may also be reduced against interest paid on a mortgage and other deductable charges.

The structure is suitable for non-domiciled and non-UK taxpayer’s who wish to take advantage of the excellent return of rental income and the potential growth of UK property