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Global Business Magazine Isle of Man Feature

Posted on in IQE Isle of Man

The September edition of Global Business Magazine contains a feature on the Isle of Man. Anne Couper-Woods, Executive Director of IQE, contributed an informative article on real estate opportunities for the Isle of Man corporate service industry.
 The feature also includes contributions from The Isle of Man Funds Association, the Isle of Man Department of Economic Development and PWC Isle of Man.
In Anne’s article Real Estate – Real Opportunities, advantages such as a Double Taxation Agreement with the UK, an efficient and central Customs & Excise office, proximity to the London market and familiarity with UK requirements makes the Isle of Man the jurisdiction of choice for real estate business. 
Anne comments:
The underlying benefits of utilising Isle of Man companies to support planning and tax advice for certain real estate structures is well recognised by the leading tax advisers.  This remains evident from the new business being referred to IQE during 2012.
Whilst markets remain difficult, we are involved in a number of development projects in London and the southeast, predominantly working with the leading accountancy firms who are advising international clients investing into the UK.
Anne commented further:
We continue to see international investors coming into London in particular, and we also work with our global client base who have capital and specific real estate investment appetite, together with sector professionals, to ensure that wherever possible appropriate introductions are effected and market opportunities get due consideration.  Whilst we do not give investment advice, we think this approach will remain important, particularly in the absence of readily available traditional bank debt.”

We have the expertise to assist with multi-jurisdictional fiduciary services for international structures

On a recent transaction we worked closely with IQE to set up and run a corporate structure to facilitate a new residential development in London. We found the IQE team responsive and proactive. It was clear that their property experience added value and understanding of the clients’ requirements on the project. Christine Jackson, Partner, Real Estate Group, Lawrence Graham LLP

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