How to share the ownership of an existing property with spouse

I own a commercial property overseas and earn rental income from the same. There are no mortgages against it. I would like to transfer 50% ownership of the property to my wife such that the rental income is also split 50/50 thereafter. What are the ways to transfer the ownership? Can I show this as a gift? Thanks

Hi,
If you decide to transfer 50% ownership to your wife they would also become a 50% legal owner of that property and would have to declare their share of rental income/expenses to HMRC.
Information about property held jointly by a married couple and using a Deed of Trust can be found below:
TSEM9800
A Deed of Trust is a legal document that can be used when making the transfer.
Thankyou.