New to HiFx..
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I am new to this forum, and seeking advice in regards to transferring money from NORTH CYPRUS to UK.. Currently, we are trying to sell our home here to relocate back in the UK. If and when we sell our home here, what TAX implications am I likely to encounter in the UK, and the best way to transfer our funds to the UK.. Obviously we will be using the funds from the sale of the home here to contribute to our new home in the UK..
Anyway guidance will be appreciated..
Many thanks..
Anyway guidance will be appreciated..
Many thanks..
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#2
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H20
Thanks for the post. They'll be no problems bringing your money back from Cyprus to the UK. Tax wise I'm no expert but if you are selling a property for example you may be liable for Capital Gains Tax.
Depending on your timescales, the amounts you are looking to transfer etc, there are a number of different options available to you.
If you drop me a personal message or email with your contact details on, I'll ask on of the team here to give you a call and understand your individual circumstances.
Look forward to hearing from you.
Best regards
Mark Bodega
Director - HiFX
[email protected]
Thanks for the post. They'll be no problems bringing your money back from Cyprus to the UK. Tax wise I'm no expert but if you are selling a property for example you may be liable for Capital Gains Tax.
Depending on your timescales, the amounts you are looking to transfer etc, there are a number of different options available to you.
If you drop me a personal message or email with your contact details on, I'll ask on of the team here to give you a call and understand your individual circumstances.
Look forward to hearing from you.
Best regards
Mark Bodega
Director - HiFX
[email protected]
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