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ARTICLE · 15 JULY 1998

Property Ownership In Portugal By An Offshore Company

GibraltarEnvironment
BENEFITS OF AN OFFSHORE STRUCTURE

Anonymity

Where a property is acquired in the name of an offshore company, it is that company's name which appears in the Property Register and the Deeds to the Property. If you instruct us to act as directors of the company, it is our name which will appear on any Powers of Attorney, Deeds etc. There are many legitimate reasons why you should not wish your ownership to be a matter of public record, and the interposition of a company can ensure such anonymity.

Capital Gains Tax

If the property is registered in your name, and you decide at some future date to sell the property or transfer ownership, it is likely that the value of the property will have increased and that tax will be payable on the value of the gain. If, however, the property is owned by an offshore company, it

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