Overseas Money and Joint Ventures

27/10/2022 9 min Episodio 240
Overseas Money and Joint Ventures

Listen "Overseas Money and Joint Ventures"

Episode Synopsis

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
This episode is a great opportunity to gain an overview of joint ventures with overseas investors and how  funds can be effectively transferred
 
KEY TAKEAWAYS
They could transfer the funds to the UK and into a UK account
Most solicitors will want you to transfer from your business account into their client account
Solicitors have a duty under anti-money laundering rules
Ideally, you should have an understanding of the investor and a relationship with them
You have to ask the questions any lay person would ask
 
BEST MOMENTS
‘Some lenders might not like it but there will always be someone out there who will like it’
‘Ultimately it’s your responsibility
 
VALUABLE RESOURCES
[email protected]
 
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
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.
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.
You can find Shaz on:
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  YouTube.