Offshore or Expatriate mortgages are an area where our services extend beyond the UK market. Royale Standard are able to assist if you want to buy a property in the UK, but you are:
How does an offshore mortgage differ?
The mortgage is provided by a bank based in an offshore location such as the Isle of Man. This means that if you belong to any of the groups above, you can benefit from offshore tax planning. The principal advantage of an offshore mortgage is that the payment of interest (but not capital) out of non-UK income is not regarded as a taxable remittance to the UK.
The mortgage interest can also be set against any taxable UK rental income, reducing the UK tax liability for non-UK resident landlords.
Please note that tax planning is a complex area and you should seek specialist advice when considering the use of one of these products. These mortgages are unregulated and therefore unprotected.
Royale Standard are able to sort out the best financial advisors and plans for your circumstances, as we are only the introducer between you and the lending source. Contact us today and we can find the best solutions for you through specialist financial brokers.