Residential Real Estate
Represented Client from Hong Kong in Connection with 4 Million Condominium Acquisition & Post Closing Property Management
Romer Debbas LLP represented a non-US client from Hong Kong in connection with a purchase of a $4.0 million condominium apartment. In order to shield the client from significant estate tax liability, the firm was able to create a New York limited company wholly owned by a new created British Virgin Islands (BVI) company. After the closing, the client retained the services of RD NYC Property Management LLC to manage the affairs of the apartment. This matter was handled by Michael J. Romer, Esq