if my company is located in Canada and I am interested in American real estate, how does it all work?
No difference to any other company bdjuf - and still makes no difference if your company is actually an offshore entity.
If it does happen to be an real offshore entity, the US can be one of the best offshore investment trading areas - or least it was until the dollar problem started - and there are a few benefits from not having tax to pay.
It can be useful having some real estate where you can actually live in other countries for a while - and this being owned by a foreign entity.
No difference to any other company bdjuf - and still makes no difference if your company is actually an offshore entity.
If it does happen to be an real offshore entity, the US can be one of the best offshore investment trading areas - or least it was until the dollar problem started - and there are a few benefits from not having tax to pay.
It can be useful having some real estate where you can actually live in other countries for a while - and this being owned by a foreign entity.
It's true, any bank account will have a CRA-IRS clause. If your corp is in Guersney (EU), that may be a bit different. The patriot act makes things a bit difficult in terms of banking though.
Webby you're in Costa Rica right? I'd like to talk to you when I get down there for the show about Real Estate investment there, if you wouldn't mind.
No problemo Chio!
I sure ain't any real estate expert, but can give you an overview of the good, the bad and the ugly from past experience. Also got reputable lawyers with plenty experience I can recommend.
To be honest - it's actually quite good Chio - with some excellent deals, tho you really got to hunt for them.
Comment