All Topics / Overseas Deals / Best structure to buy property in the UK

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  • Profile photo of Macca_1982Macca_1982
    Member
    @macca_1982
    Join Date: 2013
    Post Count: 1

    I am thinking about buying property in the UK and was hoping to get some advice on the best structure to use.  Is it possible to set up a unit trust?  If I have a potential business partner in the UK who is resident in the UK but I am an Australian resident, what is the best way to structure an entity, and best entity to use. Any advice would be welcome.

    Profile photo of RPIRPI
    Participant
    @rpi
    Join Date: 2012
    Post Count: 308

    Hi Macca

    Trusts evolved in England 500 years ago (ish).

    It is possible to use Australian structures to own your units in the UK trust.  

    The legal structures are very similar but the tax treatments, rates etc are all different.

    My Cousin owns  

    http://www.charltonbaker.co.uk/

    a Chartered accountancy firm in the UK.

    If you outline a few more detail of what you are trying to acheive here, I will answer what I can and then run it past him to answer more here.

    RPI | Certus Legal Group / PRO Town Planners
    http://www.certuslegal.com.au
    Email Me | Phone Me

    Property Lawyer & Town Planner

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