Ooladolla Posted August 27, 2017 Share Posted August 27, 2017 Some important information here regarding changes to capital gains tax for expats who rent their homes and later return and want to sell their property Link to comment
ELVIS123456 Posted August 27, 2017 Share Posted August 27, 2017 Yet another tax screw for the Expats - the nanny state is getting worse and worse. It looks like the only way around this (after 2019) is that you return and live in an owned property and re-establish yourself as a resident for tax, and then the CGT tax is excluded when you sell it. So they tax you on the rental income as a non-resident, and now they also tax you CGT the same if you sell it before moving back - even if you lived there for many years. And it looks like the same applies even if you dont rent it out, but leave it vacant. Aholes. Link to comment
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