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Asset class

Property

Too much property in one country, too little international diversification

Property is seen as the safest harbour for wealth. Bricks and mortar. Built to last. But that is exactly what makes it the favourite target of state levies: it cannot flee. You can move your portfolio to Singapore. You can store your gold in Switzerland. But your house in Manchester stays in Manchester.

And the state knows it. For a state that carries debt and needs money, wealth that cannot leave the country is an irresistible temptation.

The risks in detail

One-off levies and wealth taxes

When a state needs money fast, it looks first at what cannot move. A one-off levy on wealth would hit property hardest, because property cannot be hidden. Anyone who holds several properties in one country is especially exposed.

Inheritance tax on property

In the UK, inheritance tax takes 40% of everything above the £325,000 threshold. If your home goes to your children or grandchildren, the threshold can rise to £500,000. A single owner who leaves a house worth £1 million to the children still leaves them a bill of £200,000. Without planning, heirs have to sell the property to pay the tax. A generation's life's work is liquidated.

State regulation and tenancy law

Rent caps, rent freezes, ever tighter rules for landlords: the state reaches ever deeper into property rights. In England, the Renters' Rights Act 2025 ended "no-fault" evictions on 1 May 2026. Anyone holding rental property is exposed to a growing regulatory risk. Yields fall, red tape rises.

No international diversification

Anyone who holds 80% of their wealth in property in one country carries a massive concentration risk. Not only towards their own state, but also towards a single property market. International diversification, property in the Caribbean, in Asia, in non-EU countries, reduces this risk considerably.

What you can do

A legally sound structure outside the EU

If you own property in Germany, it can be protected against a Lastenausgleich (a German one-off levy on wealth to share the burden of a crisis) through targeted entries in the German land register in favour of a legally sound structure outside the EU. There is no change of ownership. Two routes lead there: the Wyoming LLC and the foundation-style Limited (Company Limited by Guarantee) in London. With a set of entries in sections I, II and III of the land register for your property, the property can be protected in such a way that you could defend yourself against a compulsory mortgage in the event of a Lastenausgleich. You remain the owner, your tax position stays unchanged, and all measures are reversible. What matters is planning early, before a levy is announced.

International diversification

We help you diversify property wealth internationally. Countries such as Panama, the Caribbean or Asia offer attractive opportunities, with considerably less state reach than at home.

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