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Why expats should treat UK property with caution

By Mark Battersby, 5 Oct 17

Property investment in the UK is now less attractive for expats than using a pension or investment wrapper, according to technical expert David Denton.

Denton, who is head of international technical sales at Old Mutual Wealth, says the relative merits of these investment choices have changed both in terms of performance and taxation.

Pensions are a more inheritance tax friendly product now, whereas stamp duty and capital gains tax on UK property owned by expats is now making it a less attractive option.

Tags: Pension | UK Adviser

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.