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Selling and buying property - Page 2

Kimmy11

Posted: Fri Oct 9, 2020 10:49am

Kimmy11

Legendary helpful member

Posts: 6872

12569 helpful points

Joined: 8 Aug 2017

Posted: Fri Oct 9, 2020 10:49am

Hi plawsworth01,

Sorry to add to your woes, but also bear in mind that from 1 January 2021, we lose our status as EU citizens and will likely be relegated to TCNs (Third Country Nationals).  When seeking tax advice, it would be worth asking if the timing of your Spanish sale and new purchase is likely to be affected by that too.

Kind regards,

Kim

plawsworth01

Posted: Fri Oct 9, 2020 12:41pm

plawsworth01

Original Poster

Posts: 6

Joined: 6 Sep 2019

Posted: Fri Oct 9, 2020 12:41pm

Kimmy11 wrote on Fri Oct 9, 2020 10:49am:

Hi plawsworth01,

Sorry to add to your woes, but also bear in mind that from 1 January 2021, we lose our status as EU citizens and will likely be relegated to TCNs (Third Country Nationals).  When seeking tax advice, it would be worth asking if the timing of your Spanish sale and new purchase is likely to be ...

...affected by that too.

Kind regards,

Kim

Hello Kimmy11

Wow that came out of the left side of the field! I’ll take that on board when I contact my Spanish solicitor. Many thanks for your input.

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