French Leaseback

[Carol D.]

Has anyone on here ever done a French Leaseback? (http://www.frenchleaseback.com)... If so, how is it working? i have studied a lot of them but I really can't find one where I like the numbers. I like the idea though if anyone has advice on where to find one that "works".

[Roy N.]

Bill,

The 19.6% credit in the French lease-back is a refund of the VAT to a foreign investor. Similarly, if you were to purchase property in Canada, in certain scenarios you {as a foreigner} would be entitled to a refund of our VAT.