>

>

International real estate & investments

INTERNATIONAL REAL ESTATE & INVESTMENTS

Lawyers in international real estate and investments

The property is local. Its owner's strategy is not.

Buying a flat in Dubai, keeping a property in France after moving abroad or investing in Canada do not raise the same questions.

But in all three cases, the property sits within an international situation: the owner's tax residency, ownership, financing, rental income, resale and succession. Expats Law Firm supports expatriates, entrepreneurs and investors on the legal and tax aspects of their international real estate investments.

DUBAI & RAS AL KHAIMAH

Investing in the United Arab Emirates

Our practice covers, in particular:

  • •

    acquisitions in freehold areas;

  • •

    structuring ownership;

  • •

    personal acquisition or acquisition through a company;

  • •

    SPA review;

  • •

    Form F for the relevant transactions;

  • •

    contractual documentation;

  • •

    transactions with developers;

  • •

    Dubai Land Department;

  • •

    RERA issues;

  • •

    financing;

  • •

    real estate Golden Visa for investors who meet the conditions;

  • •

    resale;

  • •

    contractual difficulties and disputes within our practice.

Our role as lawyers is distinct from that of the broker, the developer or the bank.

FRANCE

Keeping or buying a property in France while living abroad

For a non-resident, French real estate can raise questions about:

  • •

    rental income;

  • •

    non-resident taxation;

  • •

    capital gains;

  • •

    financing;

  • •

    direct ownership;

  • •

    SCI;

  • •

    the structure's tax regime;

  • •

    transfer of assets;

  • •

    succession.

An SCI is not automatically the right answer. Its value depends on the project, the family, the financing, the tax position and the holding period.

CANADA & QUEBEC

Real estate investment and Canadian non-residency

Our practice may cover, in particular:

  • acquisition

  • ownership structure

  • taxation of rental income

  • withholding applicable to non-residents

  • NR6 form

  • section 216 return

  • resale

  • tax

  • dealings with the CRA (ARC)

  • matters falling under Revenu Québec.

The NR6 can, under the applicable conditions and once accepted by the CRA (ARC), allow withholding on certain rental income to be calculated on a net basis rather than on the gross amount.

OWNERSHIP

Personally or through a company?

The answer depends on:

  • •

    the use of the property;

  • •

    the owner's residence;

  • •

    the jurisdiction;

  • •

    the number of investors;

  • •

    the financing;

  • •

    tax;

  • •

    resale;

  • •

    transfer of assets.

A structure should not be chosen simply because it is technically available.

FINANCING

The financing itself can become international

An acquisition may involve:

  • •

    bank financing;

  • •

    mortgage;

  • •

    guarantees;

  • •

    funds from another country;

  • •

    shareholder loan;

  • •

    company financing;

  • •

    bank documentation.

These flows must be understood before the transaction is completed.

REAL ESTATE DISPUTES

When the investment does not go as planned

Delays. Disputed payments. Missing documentation. Developer promises. Financing. Termination.

We handle the contractual and legal aspects within our practice and arrange local representation when it must be provided separately.

Investing in one country should not disrupt the wealth built up in others.

FREQUENTLY ASKED QUESTIONS

International real estate

International real estate

Can a foreigner buy a freehold property in Dubai?

Can a foreigner buy a freehold property in Dubai?

Should you buy through a company?

Should you buy through a company?

What is the NR6 form for?

What is the NR6 form for?

Is an SCI always preferable after moving abroad?

Is an SCI always preferable after moving abroad?

Does buying a property in the UAE automatically entitle you to a Golden Visa?

Does buying a property in the UAE automatically entitle you to a Golden Visa?