Property owned by overseas companies doubles in a decade
Original Article Summary
In the past 10 years the number of companies registered overseas has almost doubled, outlining how investors have been pushed towards that route by the current tax landscape. There are 91,791 homes owned by overseas companies, while the value of homes has risen from £15.9 billion in 2015 to £125 billion today, analysis from legaltech […] The post Property owned by overseas companies doubles in a decade appeared first on PropertyWire.
PropMatch Curated Analysis
Overseas company-owned UK property has doubled to £125bn over the past decade but new purchases have declined to 10-year lows, likely due to Brexit, increased transparency regulations, and higher borrowing costs.
Investor Relevance
Indicates reduced foreign competition in UK property markets, potentially creating more opportunities for domestic investors. Also highlights increasing regulatory scrutiny and compliance requirements that could affect investment structures using overseas entities.
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