The event took place on 14 September 2021 at The Clermont Hotel in Charing Cross in London, as a live event and it was also broadcasted via Zoom to the RBCC members.
The mixed panel discussion has provided a great overview of the legal, tax, KYC and Anti-Money Laundering requirements which foreign investors should be aware of when contemplating investing into property assets in the UK.
The panel of speakers from Colman Coyle included:
(i) Oksana Howard – Partner in Corporate and International Departments, who frequently acts for foreign investors investing into various assets in the UK. During the panel discussion Oksana talked about different types of investment structures used by foreign investors to purchase real estate assets in the UK, financing the purchase, KYC and Anti-Money Laundering requirements;
(ii) Sayrha Elahi – Senior Property Lawyer who advises a wide range of clients based in the UK and abroad. Sayrha has discussed issues associated with the legal difference between freehold and leasehold properties, conveyancing process and Stamp Duty Land Tax implications for overseas investors; and
(iii) Patrick Green – Senior Private Client Lawyer who has considerable experience in advising both domestic and international clients on a wide variety of inheritance tax planning, wills and related issues. Patrick has highlighted the importance of having a will and the key differences between English and Russian succession law.
Given that Colman Coyle acts for many international clients and also works very closely with professionals in other jurisdictions worldwide through its association with IR Global, participation in this high profile event is yet another example of Colman Coyle’s international outreach.