Hmmm interesting, thanks.
I suppose when I started out I just had an idea. I didn’t imagine it would end up requiring tax-enhancement ‘or wha’ever’.
Also these days don’t you have the issue of the ‘foreign vehicle’ paying high SDLT to purchase your own property from yourself? Oh gawd, it’s all a bit onerous... This is why I’m just about done with property. Sell it CGT-free after 5+ years ex the UK, and stick it in Unilever earning 3% Smile (The future is in laundry detergent!! hehe). As with your scheme, you put the investment portfolio offshore (easy), and it becomes a non-reportable ‘tax-free’ investment.
Yep, me+missus right now. So in a way I’m thinking of extricating myself from a very long-term investment scheme (landlording), swamped in red-tape and taxation, and flip it into something more nimble/mobile and tax efficient. The only downside I see is the lack of leverage (like 85% LTV mortgages), but there comes a point when you desire to reduce your risk position...