If you are a Jersey-based property developer, you are likely to hold most of your property off-island. The UK and London tend to be the most popular locations for property investments, although you may also own property in other locations as well. As a leading financial centre, Jersey is also a jurisdiction of choice for international investors to hold UK and international investment property.
After the introduction of changes to the way the UK calculated capital gains and corporation taxes, back in 2019 many non-UK resident property investors analysed how they held UK property investments. Fully transparent structures which support tax efficiency were a particular choice, particularly JPUTS – Jersey property unit trusts.
However your investment property is structured, Enness will be able to help secure property portfolio financing, whether that is through a partnership, special purpose vehicle or through a trust. With access to more than 500 lenders, Enness will be able to go straight to the source of the most competitive property portfolio finance, including those lenders that can cater to lending through offshore or corporate structures.