Creating a Legal Structure for your Investment in Miami

Thanks to an appropriate legal structure in place, you will be able to benefit from the best tax optimization. Your accountant will file your taxes with the US Internal Revenue Service every year. From a fiscal point of view, your structure is generally transparent since taxes are paid to the US tax system based on the prorated level of participation in the structure and its proceedings. Indeed, creating an LLC allows one not to pay the 10% FIRPTA withholding taxes—based on sales prices—in the event of an asset transfer. A structure helps to avoid such difficulties while offering a framework to acquire real estate. It is also important to mention that, through such legal structure, the owner is not held personally liable in the case of company debts.

As genuine and highly experienced professionals in real estate, we have established a strong and reliable partnership in the banking field. Over the years, we have been working closely with Chase/JP Morgan, a private American bank, to offer an exclusive service to our investors, with the possibility to open a bank account in a few hours. However, do take note that your physical presence is required to open a personal bank account, a step through which one of our consultants will guide you. Should you need to open a bank account abroad or outside of the United States, do not hesitate to contact us. On top of our partnership with Chase, know that we also collaborate with one of the best international immigration law firms in Miami, the Berenbaum Law Firm.