R Kumar
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Tax on gifting overseas property to a non-UK resident family member (Father)
I purchased an aprtment in India 10 years back when I was not a UK resident. I am a UK resident (but Indian citizen) for the last 2 years (on a skill worker visa). This aprtment was my principal home before moving to the UK and has been rented out for the last two years. If I gift this aprtment to my father (who is an Indian citizen and lives in India), will I have to pay any tax in the UK. Thanks.