Overseas Property

The purchase of a second property overseas has become increasingly popular either as a primary residence, a holiday home or on a buy to let basis but the purchase (and resale) process can be complex and there can be significant tax implications for the owner. There may be certain advantages to owning overseas property via a corporate structure as a means of mitigating tax liability or for succession planning purposes. In addition the property is often owned and administered as part of wider tax or estate planning arrangements.

Our property and trust teams have considerable experience in administering overseas property and have a network of legal and accounting professionals in a number of jurisdictions popular to overseas property purchasers.

We have offered services to property owners and developers specifically in the Algarve and other parts of Portugal since the early 1980s and we currently administer around 450 structures owning property. However, more recently as clients seek properties in some of the less “traditional” locations we have extended our services and professional network to be able to assist in the jurisdiction of choice.