Buying property in UK as Australian tax resident
#1
Just Joined
Thread Starter
Joined: Aug 2022
Location: Port Stephens NSW
Posts: 13
Buying property in UK as Australian tax resident
G'day all! I'm a Brit who's lived in Australia for 16 years and am planning to move to Scotland in 2023. I'm almost 66 years old and officially retired.
My question is, will I be allowed to purchase a house in Scotland while I'm still an Australian resident for tax purposes?
If not, what is the procedure for changing tax residency status?
Thanks so much in advance.
My question is, will I be allowed to purchase a house in Scotland while I'm still an Australian resident for tax purposes?
If not, what is the procedure for changing tax residency status?
Thanks so much in advance.
#2
Lost in BE Cyberspace
Joined: May 2010
Location: San Diego, California
Posts: 9,652
Re: Buying property in UK as Australian tax resident
Sure you can.....whether or not you'll get a British mortgage (if you need such a thing) while still being an Australian tax resident is another thing.
Pay cash and no problem....
Pay cash and no problem....
#3
Just Joined
Thread Starter
Joined: Aug 2022
Location: Port Stephens NSW
Posts: 13
Re: Buying property in UK as Australian tax resident
Thanks so much! I wasn't sure if there was a rule about foreign residents. Yes, I'll be a cash buyer. Probably too old to get a home loan anyway.
#4
Re: Buying property in UK as Australian tax resident
Please do not open duplicate threads.
Dulicate thread can be found hereā¦Buying property back in UK as Australian tax resident
Thread closed.
Dulicate thread can be found hereā¦Buying property back in UK as Australian tax resident
Thread closed.