- Clients: Ultra-high-net-worth US Nationals
- Property Location: Italy
- Purchase price: Over €4,000,000m
- Mortgage Amount: 65% LTV, approximately €2,600,000m
- Assets under management: Over €2,000,000m
- Term: 5 years, interest-only, rolling facility with a competitive margin over Euribor
Enness Global arranged a high-value mortgage for ultra-high-net-worth US clients purchasing a luxury property in Italy. The clients, successful entrepreneurs based in the United States, were looking to acquire a super-prime property in Italy.
Initially, considering a cash purchase, the clients chose to finance the acquisition through a mortgage secured alongside assets under management (AUM). This approach allowed for strategic capital deployment, preserving liquidity for other investments.
Financing property purchases in Italy for US nationals can be complex. Many European lenders have limited appetite for lending to US-domiciled clients, particularly where AUM is involved, due to regulatory and compliance constraints. The clients required a cross-border mortgage solution that remained compliant while optimising tax efficiency and long-term financial planning.
Enness introduced an international private bank with a strong global presence and the ability to handle AUM-backed lending for US nationals.
- The mortgage was arranged via the bank’s Italian office, ensuring local property and lending compliance.
- The AUM was booked offshore, maintaining flexibility and efficiency in the clients’ broader wealth structure.
- The banking relationship also provided scope for future lending, wealth management, and cross-border financial planning.
This structure met the clients’ immediate mortgage needs while aligning with their long-term objectives around international diversification and wealth management.
The result was a tax-efficient, strategic mortgage that enabled the clients to purchase their dream property in one of Italy’s most exclusive locations. Beyond acquiring a holiday home, the transaction marked an important step in their international investment and wealth planning journey.
If you or your clients are exploring property acquisitions in Italy, Enness Global can arrange bespoke international mortgage solutions for high-net-worth and ultra-high-net-worth individuals.
Contact us today to discuss your Italian property finance requirements.
