cryptohunter
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- PPF Points
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There are several benefits to buying property in Canada through an offshore company, including:
- Privacy: Offshore companies can provide a higher level of privacy, as the ownership structure and assets of the company are not publicly disclosed.
- Asset protection: By holding property through an offshore company, the assets of the company can be protected from potential legal claims or judgments against the owners.
- Tax efficiency: An offshore company may be able to take advantage of tax treaties or lower tax rates in the jurisdiction where it is based, potentially reducing the overall tax burden on the property.
- Ease of ownership transfer: Transferring ownership of property through an offshore company can be more straightforward than transferring ownership directly, as the shares of the company can be transferred instead of the property itself.
- Estate planning: Offshore companies can be a useful tool for estate planning, as the ownership and transfer of assets can be more easily managed and controlled.