Tax property non resident

Didn't find your answer?

non resident with offshore bank account. Wants to invest in property in the U.K. and earn rental income. Also wants to avoid any capital gains and inheritance tax exposure. Higher rate tax payer if returns to U.K. 

what are the most tax efficient options of ownership and why? Personal name, UK company, offshore company, or U.K. trust?

Replies (4)

Please login or register to join the discussion.

avatar
By bajones
10th Feb 2017 16:26

Unless we're talking commercial property, a time machine might be the best vehicle.

Thanks (0)
avatar
By Accountant A
10th Feb 2017 16:31

If it was me, I'd appoint an accountant/tax specialist. Obviously there are overseas as well as UK tax issues.

Thanks (0)
paddle steamer
By DJKL
10th Feb 2017 17:26

The non residence mention but then the mention of return to UK suggests maybe was at some time UK resident, so obvious question seems to be, where is the individual's domicile?

Thanks (0)
Replying to DJKL:
Portia profile image
By Portia Nina Levin
10th Feb 2017 17:35

It does not really matter after 5 April 2015.

Thanks (0)