Dear Ms. Maucourant Atallah,
Your letter requesting me to answer certain questions on a personal real estate investment in the US was forwarded to me on July 17, 2023.
As you surely know, since this does not require any specific expertise, there is nothing unusual in the presence of multiple investors to hold a stake in a property through a real estate company. This is actually very standard and the contrary would be surprising as the investment would otherwise be unmanageable. The rationale for having a US real estate company for a property based in the US is hence fully justified for economic and administrative reasons.
There are no multiple intermediaries as mentioned in your question. There is only one holding company incorporated in Jersey which holds the US real estate company. The incorporation of such holding company was based on the advice of professional advisors for planning purposes. This is also a common structure.
As for the question relating to the source of funds of my 10% investment, this question is simply out of line. Nothing, and certainly not its amount, justifies that it be asked. In fact, I believe you already know and have no doubt that the funds originate from my personal savings.
With all due respect, I feel that the sole fact of approaching me with such questions is misguided. As any newspaper, yours has a duty to act in a responsible manner. Should it fail to do so, you will leave me with no choice other than to consider taking the appropriate actions.
Best regards,
Mona Issa El-Khoury
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Blackpink World Tour [Born Pink] In Cinemas
Starring: Rose, Jisoo, Jennie, Lisa
Directors: Min Geun, Oh Yoon-Dong
Rating: 3/5
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
Mane points for safe home colouring
- Natural and grey hair takes colour differently than chemically treated hair
- Taking hair from a dark to a light colour should involve a slow transition through warmer stages of colour
- When choosing a colour (especially a lighter tone), allow for a natural lift of warmth
- Most modern hair colours are technique-based, in that they require a confident hand and taught skills
- If you decide to be brave and go for it, seek professional advice and use a semi-permanent colour
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
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Sand storm
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- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
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The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
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UAE currency: the story behind the money in your pockets
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
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Tuesday's fixtures
Kyrgyzstan v Qatar, 5.45pm
Tips to avoid getting scammed
1) Beware of cheques presented late on Thursday
2) Visit an RTA centre to change registration only after receiving payment
3) Be aware of people asking to test drive the car alone
4) Try not to close the sale at night
5) Don't be rushed into a sale
6) Call 901 if you see any suspicious behaviour
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