No difference for BVI or HK limited company on buying property or in winding up. However, the bankers or finance providers for mortgage loan are usually giving preference on financing to a Hong Kong company then the BVI's. To protect the risk of non-repayment or the sudden drop of property price and demanding the shortcoming of the difference, the financiers normally required the directors of the company for a personal guarantee. So, the directors are still personally and jointly liable for the remaining balance if the realisable value of the property is still below the outstanding loan balance.