Buying a flat abroad through LTD company

[craigy1874]

To be honest, I have enough cash to buy it. However, not sure if it's worth it. Let me know if you know anyone trustworthy that could give me personalised advice. I doubt, Gorilla accounting won't help me much with that.

is the cash you have to buy it held personally, or in a company?

[qbait]

To be honest, I have enough cash to buy it. However, not sure if it's worth it. Let me know if you know anyone trustworthy that could give me personalised advice. I doubt, Gorilla accounting won't help me much with that.

[northernladuk]

You are going to struggle to get a mortgage with no permanent address aren't you? Particularly a foreign mortgage.

[Jessica@WhiteFieldTax]

Although it will depend on the jurisdiction, and property ownership rules, generally the location of the property is not relevant, the tax will be the same regardless of whether its in the UK or abroad. Likewise a mortgage doesn't change the tax treatment,

I always err towards personal ownership of a property even if its a big tax hit - it keeps the asset separate from trading risks and locks you in to lower personal tax rates on growth in asset value, however other views and strategies exist. You need to take personalised advice on this.

[qbait]

I'm an IT contractor in the UK, I'm considering buying a flat abroad, work there remotely from time to time and rent it on Airbnb.
I'm thinking if it's worth buying it through LTD company in my case.
Would it be more tax efficient to buy it in cash or take a mortgage?

There is a lot of articles about buying through LTD company, but most of them are considering mortgage and buying in the UK only.