|
Mortgages & Lending
Home | Back to Back Loans | Equity
Release Schemes | Offshore Mortgages What if you wish to purchase a property onshore,
but have a substantial part of your assets offshore?
Rather than bring your funds onshore and attract a tax liability, a loan can be arranged, supported by your financial assets. In this case a lending ratio will be set depending on whether the assets are in cash or securities - such as bonds, shares and mutual funds.
Your loan can be provided in the form of a banker's
guarantee to an onshore bank, or a cosmetic loan can be set up in
the offshore location. You can expect a bank to charge you between
one and two percent, depending upon the value of your loan.
top of page
|
