Cross border: the legal and practical advantages of incorporating a real estate holding company in the British Virgin Islands (BVI) | Practical Law

Cross border: the legal and practical advantages of incorporating a real estate holding company in the British Virgin Islands (BVI) | Practical Law

The use of international finance centres, including the British Virgin Islands, as asset holding vehicles for cross-border investment is a well-trodden path in the global economy. The popularity of the use of such vehicles is driven primarily by their low administrative costs, flexible corporate framework, creditor friendliness and compliance with international standards. This article focuses on the advantages offered by the use of British Virgin Islands companies and the positive impact of these on deal costs, and the cost and ease of ongoing maintenance and governance.

Cross border: the legal and practical advantages of incorporating a real estate holding company in the British Virgin Islands (BVI)

by Matthew Gilbert and Joanna Russell, Maples Group
Law stated as at 01 May 2020British Virgin Islands
The use of international finance centres, including the British Virgin Islands, as asset holding vehicles for cross-border investment is a well-trodden path in the global economy. The popularity of the use of such vehicles is driven primarily by their low administrative costs, flexible corporate framework, creditor friendliness and compliance with international standards. This article focuses on the advantages offered by the use of British Virgin Islands companies and the positive impact of these on deal costs, and the cost and ease of ongoing maintenance and governance.
This article is part of the global guide to corporate real estate law.