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Buying To Let Abroad: Tax Implications

Money : Overseas Property

When buying abroad, if you don't intend to be resident, then you should be absolutely sure you understand the rules.

Why? Because tax implications can be very different for residents than for non residents.

Therefore ensure that the rates are fully understood to you and you know what is expected of you before taking on a property on a buy to let basis.

In fact, you will need a generally good grasp on all the taxes in that country so that you know exactly what you will be expected to pay and when. You can never do too much research!

By: Fred

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