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bigduckontax
bigduckontax, Accountant
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Can non domiciled tax residents fund their property using

Customer Question

can non domiciled tax residents fund their property using off shore loans
Submitted: 10 months ago.
Category: Tax
Expert:  bigduckontax replied 10 months ago.

Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.

The UK has no exchange controls so this is a perfectly proper method of funding providing you do not breach the exchange controls of the offshore country. All the multi nationals do it!

I do hope that I have set your mind at rest on this matter.

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