St Maarten House on Offshore Company Name

Buying a house in St Maarten in the name of an offshore company or offshore foundation is easy as individual as well as corporations and entities are allowed to acquire St Maarten homes and property. Buying a St Maarten house is a great investment and using an offshore corporation or foundation to buy the St Maarten home is even a wiser choice. Offshore companies are companies which have been incorporated in an offshore jurisdiction or tax haven and these companies receive tax exemptions on incomes gained outside of the jurisdiction of incorporation. An offshore foundation is an offshore entity or structure set up for asset protection in offshore jurisdiction. An offshore foundation has no owner meaning that all the assets placed in it are properties of the foundation. An offshore foundation like and offshore company can own bank accounts, corporations and other assets. Offshore foundations are tax exempt structures.

Buying a St Maarten house in the name of an offshore corporation or foundation follows the normal process on the island of St Maarten. The process of buying a St Maarten home is overlooked by a local lawyer who represents the government and whose responsibility it is to ensure that the process goes without hitches and all legal documents are in place. The offshore corporation or offshore foundation buying the St Maarten house can also employ a lawyer who will act as a representative of the offshore entity.

The first step to purchasing a St Maarten is choosing a St Maarten house which is one the sale market. There are many St Maarten homes for sale and the representatives of the offshore foundation or the offshore corporation making the purchase must choose form St Maarten villas, apartments, condos and homes for sale. For buying a St Maarten home a purchasing document will be prepared by the Civil Notary when an agreement have been reached between the home owner and the offshore corporation or offshore foundation. The offshore corporation or offshore foundation buying the St Maarten house must then make an initial deposit of 10% of the total price of the house which is placed in a special account until the final stages of purchasing the house is complete.

The offshore company or offshore company can also employ professional to do inspections of the St Maarten house which it intends to purchase. The final stage of buying a St Maarten house involves making final payments to the seller and from then the St Maarten house will belongs to the offshore corporation or offshore foundation. Buying a house in St Maarten is easy as there is no need to be a resident of the island.

Buying a St Maarten house in the name of an offshore corporation or offshore foundation means that this St Maarten house will b protected by asset protection laws and furthermore since the house will be owned by an offshore corporation or foundation which makes it harder for any outside party to claim stakes on the St Maarten house.

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