“Welcome to my Crib – Legal Guide to HNWI Homes”, Moderator
May 18th, 2016 – Chicago, U.S.A.
The session addressed how a HNWI purchasing a property should structure an acquisition of property in another country having regard to the tax consequences of investing.
The session discussed 3 scenarios – A direct transfer of property to a HNWI – so the HNWI buys the property direct in his or her name, the scenario of an indirect acquisition – where the HNWI purchases the property though a company incorporated in the country where the property is situated and finally the scenario where the HNWI purchases the property through a company incorporated outside the country where the property is situated.
His panelists were from well known law firms in Canada, Netherlands, Spain and India.