Non Resident - Property Purchase

B

BIG BOY

Guest
Hi All, my first post to this great site.

I would be most grateful if someone can assist with the below....


I am looking to purchase some commercial property in Dublin next year as a long term investment.

I have been non resident for tax purposes for 6 years.

I currenty work in the Middle East and do not envisage I will ever be able to return to Ireland to work.

I am looking to find out:

1) The pro and cons if I purchase as an individual.
2) The pro and cons if I purchase as a company.
3) Irish Registered verus Offshore Company?

Many Thanks
 
Just to clarify - are you planning to buy such property for cash? I would strongly doubt that any bank would be likely to offer a non-resident a loan to buy commercial property at the moment.
 
I will fund 60 to 70 pc in cash c. Eur 3 mio.

If I cannot get funding I will just scale back the investment.