Most tax efficient way to purchase overseas property?

D

dm007

Guest
What are peoples thoughts on the best way to purchase property abroad?

Is it in anyway tax efficient to set up a LTD company and use that as a vehicle for purchasing/managing properties?
 
I dont think that is a good option, the problem is how one gets the moeny out of the company. In short, you would probably have to take monies out by way of a salary, thus paying tax on any profits at 42% probably, rather than a 20% CGT.
 
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