Budget 2007 - Simon Conn responds - 28th March 2007
Simon Conn, Managing Director, Conti Financial Services Ltd said: “The Chancellor’s decision to remove the ‘benefit in kind’ tax charges payable on overseas property purchased through companies is a positive move, particularly the retrospective element. However, potential buyers should be aware that purchasing a property abroad through a company does not mean buyers are totally exempt from tax normally associated with buying an overseas property. In addition to this, some countries have restrictions on buying property through a company so this option may not be as widespread as hoped.
“All too often people assume that buying in a company name means they are eligible for all sorts of tax breaks. However, when considering the purchase by this method, they should consider all the locally based legislative implications, including wealth/inheritance tax, capital gains tax, VAT (or equivalent), income tax if renting out the property and the country’s equivalent of stamp duty. Whilst each country differs in the amount and type of tax payable, rest assured some form of tax will need to be paid locally.
“My advice to anyone thinking of buying an overseas property through a company should take specialist independent legal and tax advice. Whilst it may look like a great way to save on say income tax, there may be other taxes to pay specific to the country where the property is located and there maybe additional restrictions with regards which type of company you can purchase in and whether this is based in an acceptable jurisdiction”
18th January 2011
Property seen as a more valuable investment than pension or savings plan
16th December 2010
Conti teams up with SimplyBiz Mortgages
14th December 2010
Greater transparency for the Spanish property market
10th December 2010
The tide is turning - As featured in Overseas Property Professional Magazine
3rd December 2010
Property market in Turkey going from strength to strength
1st December 2010
One thousand new ski properties for France
28th October 2010
New Italian mortgage rates from just 2.50%
25th October 2010
More retirees investing in overseas property
12th October 2010
Conti links up with Mortgage Support Network
8th October 2010
France and Spain are top for quality of life
30th September 2010
More and more intermediaries tapping into overseas mortgage market
28th September 2010
Interest in overseas property hots up
15th September 2010
France more popular than ever for Brits buying abroad
1st September 2010
The launch of 'Conti Property'
17th August 2010
Conti teams up with Property Tax International
2nd August 2010
Internet searches for overseas property hit new high
27th July 2010
Brokers score World Cup prizes
12th July 2010
Bargain property prices and low interest rates are pulling the British abroad
7th July 2010
One in four first time buyers looking to buy overseas
29th June 2010
More than 650 brokers say Yes!
29th June 2010
Buying property in France - rates now as a low as 1.95%
22nd June 2010
Portugal - A Magnet for British Buyers
8th June 2010
Interest in Turkey hotting up
4th June 2010
Real cost of mortgaged property in eurozone drops by 8% in four months
30th April 2010
Nine out of ten expats say life is better abroad
28th April 2010
Reducing the cost of overseas property ownership
9th April 2010
Confidence growing in overseas property market
31st March 2010
International property market continues to perform well
26th March 2010
Bargains in the sunshine state
10th March 2010
5,000 brokers can't be wrong!
3rd March 2010
The British love for la belle France has never been stronger
24th February 2010
Overseas property investors hoping to profit from euro mortgages
9th February 2010
Cost of buying a home overseas drops
5th January 2010
The strong euro shouldn't prevent you from realising your Italian dream
2nd December 2009
Early ski season brings good news for property investors
5th October 2009
Despite the recent doom and gloom, Spain has much to offer
15th September 2009
France
is first for Britons buying abroad
17th August 2009
Conti
launches online sales toolkit for intermediaries
13th August 2009
Sharing mortgages with family or friends
12th August 2009
Find a mortgage for Turkey for the Princes islands
11th August 2009
A best time to invest in French Property
11th June 2009
Turkey - a booming property market
5th May 2009
Potential tax windfall for holiday home landlords in Europe
8th April 2009
Mortgage Brain launches overseas mortgage services, in partnership with Conti
11th March 2009
Conti and Mortgage Brain join forces
9th February 2009
Best buy rates for remortgaging overseas property - now even better!
26th January 2009
Simon Conn leaves Conti Financial Services Ltd
19th January 2009
Disney holiday resort to be built in Cyprus
13th January 2009
Ski resort boom brings good news for property investors
13th January 2009
easyJet to launch new European routes this summer
15th December 2008
Winners and losers as pound plunges on the Continent
8th December 2008
One in three Brits plan to retire abroad
1st December 2008
House price decline could tempt overseas investors
24th November 2008
Germany: a good time to buy
18th November 2008
Britons shun UK and move abroad for warmer climate
10th November 2008
Ryanair reveals cut-price transatlantic plans
5th November 2008
Overseas mortgages - a new source of revenue?
3rd November 2008
New airline to fly from the UK to Dubai and Vienna
27th October 2008
Ryanair closes Valencia base
27th October 2008
Turkish government to build holiday resorts for foreign buyers
13th October 2008
International mobile phone costs to fall
13th October 2008
Three million Brits looking to buy property abroad
8th October 2008
Central banks cut interest rates
6th October 2008
Conti teams up with mform.co.uk
6th October 2008
More investors renting out overseas homes to survive downturn
2nd October 2008
Spain still number one for Brits buying abroad
25th September 2008
Conti heads for A Place in the Sun
22nd September 2008
Tax reforms could boost Spanish property market
15th September 2008
Air France to launch rival Channel Tunnel rail service
8th September 2008
US Government seizes control of Fannie and Freddie
2nd September 2008
Cuba opening up to foreign investors
1st September 2008
Britons opting for the grown up gap year
26th August 2008
Dubai Government issues new mortgage law
19th August 2008
UK buy-to-let investors looking at overseas property as residential market deteriorates
18th August 2008
Overseas buyers continue to buy into the American dream
11th August 2008
Conti joins forces with Safe Buying Experience
11th August 2008
Will airline cutbacks leave overseas property owners stranded?
16th July 2008
Hard pressed homeowners opt for extended mortgages
16th July 2008
First time buyers still shut out of housing market
8th July 2008
Spanish crackdown on 'black money'
8th July 2008
Parador Properties goes into voluntary administration
7th July 2008
Spanish Property Market
1st July 2008
Buying in this year's overseas property hotspots
2nd June 2008
Conti links up with Charcol
28th April 2008
Conti launches remortgaging service
28th February 2008
Conti and Anchor pull together
1st January 2008
Conti launches mortgages in Germany
2nd October 2007
Overseas mortgages, the pitfalls and how to avoid them
22nd June 2007
Buying into the American dream
6th June 2007
Overseas Property Market - review to June 07
30th May 2007
Summer '07 - the Spanish property market conundrum
22nd May 2007
Financing a property overseas - easy if you know how!
2nd May 2007
Conti enters Gibraltar
25th April 2007
Conti links up with BDS
18th April 2007
Brokers and overseas mortgages
18th April 2007
Buying overseas - why a mortgage can save you money
10th April 2007
Turkish mortgage market open for business
28th March 2007
Budget 2007 - Simon Conn responds
14th March 2007
Conti brings in the Forces
8th January 2007
What is an Overseas Mortgage and why would I want one?
8th January 2007
Conti looks to the stars
