10 Jul 2012 10:08 PM:

Hi Guys

Very interesting thread.

I have been in touch with a similar company that i dont want to name who suggest I set the same  company structure up.

Basically to set up a UK company and transfer the spanish property (no transfer tax?) into this UK company to avoid IHT.

Then was informed if the UK company is a "trading company" then the whole valuation of this company is not included in my final estate so my beneficiaries resident in the UK would not have to pay inheritiance tax asmy estate does not exceed my allowance if it excludes the UK company.

Can anyone comment on this and explain to me the financial pitfalls of going down this route? Has anyone on this forum have any positive or negative comments are even better surely someone has been down this route and can give a testimony for one of the companies mentioned on this thread.

If something sounds to good to be true then it normally is.

Regards

Thread: Purchasing a property with a UK company

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