Buying property abroad with company cash

[muenster]

I'm interested in knowing what are the implications if I invest into property in EU as a Pvt Ltd company. The obvious reason is of course I would like to claim this as a business expense, instead of paying the dividends tax if I first move it to private account. It would be a vacation house used for vacations, and also rentals to tourists.

Are there any businesses specialized in advising on this topic? My accountants were clueless and just sent me some 40 page PDF.

 

[Scalloway]

The reason for 40 pages of PDFs is probably because it is complicated.

 

[UK Contractor Accountant]

It won't be a business expense- regarded as an investment property for the company.

I have several Ltd Company clients who have invested in properties in Portugal & Spain.