Selling property in the UK
#1
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Joined: Sep 2012
Posts: 9
Selling property in the UK
Hello
I have currently been living in the US for 18 months on a L2 Visa.
At the moment I am thinking of selling my flat in the UK.
I am trying to understand what will the tax implications be if I sell my property in the UK before I have been here for 3 years or after staying here for 3 years.
Does anyone know what would be more advantageous?
Thanks
I have currently been living in the US for 18 months on a L2 Visa.
At the moment I am thinking of selling my flat in the UK.
I am trying to understand what will the tax implications be if I sell my property in the UK before I have been here for 3 years or after staying here for 3 years.
Does anyone know what would be more advantageous?
Thanks
#2
Re: Selling property in the UK
Take a look at my thread on renting our UK home - lots of comments there, plus a link to a good article. Sounds like you need to get cracking, as selling before 3 years seems to be key from a tax perspective!