Entity Structure - Real Estate Unit - Outside the U.S.

[Pat L.]

I'm a U.S. citizen/resident thinking about purchasing my first real estate unit outside of the U.S. We're probably going to buy in the Caribbean.

I want to figure out the best entity structure for me. Based on my initial research, I may have an International Business Corporation (IBC) that is held by a Limited Liability Company (LLC). But I'll certainly ask my CPA and get legal help to set up the best structure.

Have you had an international entity structure set up? Do you have any tips on setting this up effectively without breaking the bank on legal and other filing fees?