Hi all,
I notice recently many villa developers have started to offer shares in offshore (e.g. British Virgin Islands) holding companies as an alternative to the traditional nominee or leasehold structures to buy property in Bali.
Does anyone have experience buying under this type of structure?
What are the tax advantages compared to the two other types of ownership, and what are the disadvantages?
From what I gather, it sounds like the most tax-efficient of the three.
I notice recently many villa developers have started to offer shares in offshore (e.g. British Virgin Islands) holding companies as an alternative to the traditional nominee or leasehold structures to buy property in Bali.
Does anyone have experience buying under this type of structure?
What are the tax advantages compared to the two other types of ownership, and what are the disadvantages?
From what I gather, it sounds like the most tax-efficient of the three.