The short answer is that a Trust or Foundation will offer you the best protection, however, there could be legal complications while the entity is register after the divorce and not before.
Would You be so kind to give us Your professional advice. The case is our client is in the process of divorce (she is the Seychelles citizen) and she wants to protect her immovable property (in Seychelles) from her husband, who is not the Seychelles citizen.
We have consulted with lots of agents and tried to think of optimal variants for our client, but the results are still not perfect. First, we wanted to register the Belize IBC and contribute the house to its capital (as Seychelles IBC cannot hold interest in immovable property). But then we’ve found out that any transfer of property in Seychelles needs governmental sanction and is taxable no matter of the way of transfer – 17,5% from the value of the property (11% sanction duty + 1,5% processing fee +5% stamp duty). And that the government often refuses the transfer. That’s what we were told yesterday by agents.
So, please, we would like to know if there is any other possibility to protect the house without such great expenses (17,5% from the value of the house)?
If You have any ideas don’t hesitate to contact us. We will be glad to cooperate with You.
The short answer is that a Trust or Foundation will offer you the best protection, however, there could be legal complications while the entity is register after the divorce and not before.
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Do you have lawyers available in the Seychelles who we can speak with? We are willing to pay some consultancy hours to get things sorted out.
Yes but you will gonna pay for their time just so you know.
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offshoreoffice (08-09-2012)
Sure I was expecting that. Can you tell me the lawyers rate to pay and can we arrange for a fixed fee?
Would interest me too what a Seychelles lawyers rate is to help sorting this stuff out.
Typical rate is USD 250 - 300 I made use of one in the past he was OK.
There are people that watch things happen, people that make things happen and people that wonder what the hell just happened.
Does this lawyers rate mean by e-mail / skype or personal meeting and phone call? What lay firm did you use in the Seychelles, jPay?
I found this link of Seychelles Attorneys hg.org/firms-Seychelles.html
We also have attorney's available in the Seychelles who may be able to help you.
boblink (08-19-2012)
When you found Seychelles lawyer please let me know also, I'm interested.
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