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  #1  
Old 23-04-2007, 04:42 AM
mfc mfc is offline
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Rental reimbursement

I've got a job that pays me rental reimbursement up to a certain amount. However if I buy an apartment and live in it I get nothing.

I really prefer to buy than rent so it seems the only way i can gain is to rent a place and live in it and at at the same time buy a place and rent it out.

Are there such things as shared equity apartments in HK? Something along the lines of a 50-50 split on ownership where I pay rent on the bit I don't own?
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  #2  
Old 23-04-2007, 09:31 AM
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An alternative would be to buy the apartment in the name of a trust or a company. Or your parents, wife, etc.

As long as you do everything on an "arms length" basis, ie at market value, then you should be ok.

Just a suggestion.
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