Monthly Archives: April 2019

Restriction of expatriate land ownership in Bahrain supported

A decision to ban expats from owning property in areas not designated as tourist or investment areas was approved by MPs yesterday. The Non-Bahrainian Ownership of Property and Land Amendment Act 2001 was passed following allegations that Bahrainis were excluded from the real estate market. By law, foreigners can buy …

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Advantages of joint ownership with spouse

I’m in a relationship heading towards marriage – if things go right. We decided to buy land and build residential units for rent. Having said that, I am not comfortable having title deed only in my partner’s name. Is it possible to have the document with our two names as …

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10 tips new hotel and commercial property owners should know

Entrepreneurs making their first foray into the hotel or commercial real estate industry don’t necessarily know what they’re getting into. Hotels and other commercial properties are more than just a physical brick and mortar building. Often times, the operation of these structures also involves the management of the accompanying hotel …

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Foreign Ownership in Asia: Your Top 5 Options

Last updated April 14, 2019. Buying real estate is one of the most common ways to invest abroad. It also comes with some valuable and unique benefits that other investments won’t give you. Real estate investments abroad provide you with rental income as well as the possibility of transforming your …

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British Columbia targets ‘shell companies’ hiding land ownership – Victoria News

The British Columbia government is amending legislation to require companies and partnerships to disclose beneficial owners of assets, as part of its efforts to reduce tax evasion and money laundering. Finance Minister Carole James introduced two bills on Tuesday, one requiring the disclosure of landowners and the other aimed at …

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Government of British Columbia to Create Beneficial Ownership Registry

Breadcrumb Links Politics Local News “For years, people have been able to use shell companies, trusts and partnerships to hide who actually owns property in British Columbia,” said the Minister of Finance. Author of the article: Rob shaw Finance Minister Carole James has introduced legislation to create a new BC …

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Property register aimed at lifting the curtain on money laundering

British Columbia Introduces First Beneficial Ownership Registry in Canada Highlighting Corporations, Trusts and Partnerships New publicly accessible registry will play role in fight against money laundering and other crimes by revealing beneficial owners of property in British Columbia, Minister of Finance said Carole james. The government tabled a bill on …

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