Research shared with the Guardian also shows offshore holdings in London are worth a combined £55bn
More than 138,000 residential and commercial properties in England and Wales are owned by offshore companies, with holdings in London worth a combined £55bn, according to research shared with the Guardian.
The findings come as the government begins a crackdown to dismantle the secrecy that surrounds offshore property ownership, which it says has been used by “corrupt elites laundering money through UK property”.
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