Overseas Money and Joint Ventures

Published: Oct. 27, 2022, midnight

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Shaz looks at how overseas money can be used to fund property investments in the UK and the importance of knowing the investor and having a relationship with them

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This episode is a great opportunity to gain an overview of joint ventures with overseas investors and how\\xa0 funds can be effectively transferred

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KEY TAKEAWAYS

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  • They could transfer the funds to the UK and into a UK account
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  • Most solicitors will want you to transfer from your business account into their client account
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  • Solicitors have a duty under anti-money laundering rules
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  • Ideally, you should have an understanding of the investor and a relationship with them
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  • You have to ask the questions any lay person would ask
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BEST MOMENTS

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\\u2018Some lenders might not like it but there will always be someone out there who will like it\\u2019

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\\u2018Ultimately it\\u2019s your responsibility

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VALUABLE RESOURCES

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shaz@aaa-accountants.co.uk

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ABOUT THE HOST

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Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

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Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

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He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

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You can find Shaz on:

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This show was brought to you by Progressive Media

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