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:
Facebook
LinkedIn
Instagram
YouTube.
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:
YouTube.
More episodes of the podcast Wealth Made Simple Podcast
Top Traits & Habits of Wealthy People
27/02/2024
The Art and Importance Of Storytelling
13/02/2024
How To Achieve Your Goals
25/01/2024
Goal Setting
16/01/2024
Why Get Rich Quick Doesn't Work
04/01/2024
Building Blocks to Create Financial Freedom
19/12/2023
Wealth Magnets
07/12/2023
How to Create Additional Income
30/11/2023
Lease Option Agreements
28/11/2023
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.