How are investments structured?
Smart Crowd will establish an investment vehicle (why is an investment vehicle needed) for the purpose of purchasing the investment property.
The shares will be considered assets of the investors, and the administration of the ISPV may be transferred from Smart Crowd to another DFSA approved third party (at the discretion of the investors if they wish to continue to maintain the investment). Per the Dubai Land Department’s requirement, this vehicle will be incorporated and registered in the DIFC (Dubai International Financial Centre).
The shares are always the property of the investors and they are the ultimate beneficial owners.