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CGT on property

TommyToes · 2017-12-08 11:41:38

Hello Folks, I am from England and I bought a property (as my home) there in 1998. I moved to Ireland in 2005 and I have sold that property in 2017.I have been renting in Ireland all this time. It’s only now I am able to think about buying a property in Ireland (as my home) Am I going to have to by CGT and what period is…

08-12-2017 11:41am

#1
TommyToes

Registered Users, Registered Users 2 Posts: 1 ✭

Join Date: December 2017

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Hello Folks,

I am from England and I bought a property (as my home) there in 1998. I moved to Ireland in 2005 and I have sold that property in 2017.I have been renting in Ireland all this time. It’s only now I am able to think about buying a property in Ireland (as my home)

Am I going to have to by CGT and what period is it calculated on?

Many thanks

Tagged:

cgt

0

Comments

#2 08-12-2017 7:40pm

dogsears

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Join Date: July 2012

Posts: 532

You need to see a professional adviser because the answer to your question will involve whether you have became "domiciled" in Ireland, and, if not whether you "remit" the proceeds of the sale to Ireland. In a nutshell if you are domiciled in Ireland the answer is yes. if not then, the answer is yes, to the extent you remit the proceeds. But go see someone about it.

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