kennethho
Joined: 3/24/2024
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RE: Cash gift from parents outside UK
Hi team, My father who is tax-resident in Hong Kong and wish to gift £85,000 or more to me who lives in the UK and is a UK resident, for me to buy a property or living expenses in the UK. This money will be sent from Hong Kong. Any complications in this process? Do I need to provide the cash evidence source of funds ? Can you please share a link to the process in which to document the cash gift for this purpose? Thank you in advance