View Single Post
  #4  
Old 13.07.2020, 13:23
Belgianmum's Avatar
Belgianmum Belgianmum is offline
Forum Legend
 
Join Date: Jan 2010
Location: Neuch‚tel
Posts: 13,054
Groaned at 227 Times in 192 Posts
Thanked 21,540 Times in 8,831 Posts
Belgianmum has a reputation beyond reputeBelgianmum has a reputation beyond reputeBelgianmum has a reputation beyond reputeBelgianmum has a reputation beyond reputeBelgianmum has a reputation beyond reputeBelgianmum has a reputation beyond repute
Re: selling property abroad - any taxation impact?

We sold properties in both the UK and Belgium whilst resident in Switzerland and there was no tax to lay here, any tax CGT due is due in the country where the property is located. There was none in either case for us.
You may have to explain to the taxman where the funds came from but thatís not an issue since it will also be pretty obvious once you stop declaring the properties as part of your fortune.
Reply With Quote
This user would like to thank Belgianmum for this useful post: