Wealth · Real estate

International real estate portfolios: the right holding structure per country

Zero Tax · Updated July 2026 · 8 min read

An investor assembled properties across four countries, choosing each one on price and yield, and holding every one directly in his own name. Only when he sat down to plan his estate did he learn what that meant: four separate probate processes, four inheritance-tax regimes, and no coherence between them. The portfolio was well chosen. The ownership was not structured at all. With international real estate, how you hold each property matters as much as which property you buy.

Real estate is the most local of assets. It is almost always taxed where it sits, governed by the law of that country, and reachable by that country regardless of where the owner lives. That is why there is no single correct way to hold international property: a structure that is efficient in one country can be penalised in another. Some countries tax property held through companies more heavily; others reward it. The right holding structure is decided country by country, not portfolio-wide.

How you holdAdvantageDrawback
In your own nameSimple and cheap to executeExposes the asset to local inheritance tax and your personal estate
Local companyCan improve inheritance treatment and rental operationsCost of forming and maintaining a company in that country
Holding structureOrders several properties under one structure, eases successionMore complexity; only justified with a real portfolio
The detail almost nobody weighs: the tax that surprises international property owners most is not income or capital gains, it is inheritance. Many countries levy inheritance tax on property located within their borders even if the owner never lived there, at rates that can be high. Holding directly leaves that asset fully exposed. Structuring ownership through an entity, where the jurisdiction allows it, can turn inheriting a foreign property into inheriting shares in an entity, which is simpler and sometimes more efficient.

A serious international real estate structure is never about hiding the property. Automatic information exchange focuses on financial accounts rather than real estate directly, but the rental income and associated accounts are visible, and a worldwide-taxing residence reaches that income. The advantage of a good structure is in inheritance treatment, protection and order, not secrecy. Any arrangement that depends on nobody knowing you own the property is fragile by design.

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1. Define the use

Personal home, rental or speculation change which structure fits and which taxes apply.

2. Study the destination country

Each country treats company ownership, annual tax and inheritance differently; the local rule governs the property.

3. Plan the exit and the estate

How you will sell or pass on the property matters from the day you buy, not when the moment arrives.

4. Add your tax residence

Your residence taxes your worldwide income; the structure must fit that and the treaties in force.

Frequently asked questions

Should I buy property abroad in my name or through a company?

It depends on the country, the use of the property and your goals. In your own name is simpler and cheaper but exposes the asset to local inheritance tax and your personal estate. A local company or a holding can improve inheritance treatment, privacy and protection, at the cost of more complexity. It is decided country by country against current law.

Does foreign property get taxed in two countries?

It can. The country where the property sits almost always taxes rental income and the gain on sale, and your country of tax residence may tax your worldwide income. Treaties and foreign tax credits usually mitigate double taxation, but it has to be planned. The details depend on the countries involved and current law.

What happens to inheritance of a property in another country?

Real estate is usually governed and taxed by the country where it sits, whatever the owner’s residence. A foreign property can open its own probate and its own inheritance tax there. Structuring ownership through an entity can simplify the transfer, depending on the jurisdiction.

Is it better to hold all my properties under one structure?

Not necessarily. Because real estate is taxed locally, a structure that is efficient in one country can be penalised in another. The right holding is decided country by country, and a single portfolio-wide structure is rarely optimal. The specifics are confirmed against current law.

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This content is informational and educational. It is not legal or tax advice. Verify current regulations and consult a specialist about your case before making decisions.