New government register shows how offshore jurisdictions used for ownership of nearly 200 properties including hotels and country estatesThe royal families of Gulf states including Saudi Arabia, the United Arab Emirates and Qatar own more than £1bn of UK property via offshore jurisdictions, such as Jersey and the British Virgin Islands, the Guardian can reveal.Nearly 200 properties, including hotels, London mansions and country estates, belong to a few small but super-rich dynasties, according to analysis of a new government register that reveals who is behind offshore companies that own UK property. Continue reading…
Source : theguardian.com
Read more…Gulf royals own more than £1bn of UK property via tax havens
