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Updated about 12 years ago on . Most recent reply

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44
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14
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Carol D.
  • Investor
  • Indianapolis, IN
14
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44
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French Leaseback

Carol D.
  • Investor
  • Indianapolis, IN
Posted

Has anyone on here ever done a French Leaseback? (http://www.frenchleaseback.com)... If so, how is it working? i have studied a lot of them but I really can't find one where I like the numbers. I like the idea though if anyone has advice on where to find one that "works".

Most Popular Reply

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7,658
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4,300
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Roy N.
  • Rental Property Investor
  • Fredericton, New Brunswick
4,300
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7,658
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Roy N.
  • Rental Property Investor
  • Fredericton, New Brunswick
ModeratorReplied

Bill,

The 19.6% credit in the French lease-back is a refund of the VAT to a foreign investor. Similarly, if you were to purchase property in Canada, in certain scenarios you {as a foreigner} would be entitled to a refund of our VAT.

  • Roy N.
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