The impact of domicile and tax on cross-border property investing

Professional Adviser
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despite simplification, rules for uk cross border property remain complex

The ownership of land and buildings has always been an emotive subject, as illustrated by the proverb 'an englishman's home is his castle'. In many countries, the answer to the question 'who can own real estate?' is often restricted in some way, for example, to nationals of the country where the property is located. The legal form of ownership can also be restricted, for example, Jersey real estate cannot be held in trust. the Complexities of property The fact that ownership of real estate can trigger an unwanted and unanticipated tax connection (since it implies either a business or re...

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