Very last units in private Ocean Club
When nothing but the finest will do.... look no further that this 5 star hotel branded Ocean Club, uniquely offering a private beach, 7000ft2 glass walled Sky Spa, oversized infinity pools, plush hidden daybeds throughout the tropical landscaped gardens and panoramic sea views from every residence!
One of Brazil's fastest-selling resorts, the final 2 bedroom residences are now available through uv10, priced from £188,000.
Brazil Property News: Investors abroad should 'explore tax laws first'
28th November 2007 10:40
Property investors looking to buy in lucrative markets such as Brazil should investigate the country's tax policy first, according to an industry expert.
Independent financial advisers Calculis explained that getting a "feel for the inheritance tax situation" in particular will enlighten buyers before they end up paying more than they expected.
Alex Pegley, director of firm, said: "The key thing that people need to be aware of is that tax is constructed in a different way abroad."
In Brazil local tax varies between regions but is normally around 0.6 per cent of the purchase price of a property.
However, foreign investors who are not domiciled in a tax haven can receive tax benefits by applying for Resolutions BACEN 2689, which can exempt the investor's capital gains and their earnings from investment participation funds under certain circumstances.
Mr Pegley also highlighted that wealth tax is a factor that should be researched as this annual tax is paid on property in countries such as Spain and can be often overlooked.
Brazilian investors should be pleased to hear that the country does not have a double taxation agreement with the UK and there is no specific property tax in the Latin American country.
For more information on Brazil property investment and to find out about uv10's latest projects, contact uv10 on 0845 643 1036 or email info@uv10.com or visit our website: http://www.uv10.com
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How to invest in Brazilian property
When it comes to property investment, the early bird really does catch the worm.
uv10s web site is designed to help and will provide you with the following invaluable information:
- Why Brazil is now the best place you can invest
- Why its all happening in 2008
- All about Brazil's "hot property zones" Natal, Pipa and Bahía
- The ins and outs of the buying process
- More about uv10, your dedicated Brazil specialist
- The latest and hottest properties on the market
To know more, and have the chance to be one of the first to invest in this exciting and dynamic market, fill out our online form and we'll be in touch to answer all your questions.
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