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Posted Thu, 26 Jan 2023 11:45:35 GMT by okulah
Hi, I am holding tier2 visa and I am in the UK since 04/2022. I will sell my house which was acquired in 07/2020 in my home country and transfer the proceeds to UK bank account to buy a house here. Is there any CGT to be payable in UK for the profit derived from selling this house?
Posted Fri, 27 Jan 2023 15:38:48 GMT by HMRC Admin 2

There may be as you have not lived in it for the whole period of ownership.

You can find guidance here:

Tax when you sell property

Thank you.

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