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cgt liabilty

  • 30-12-2024 12:40AM
    #1
    beaufoy
    Registered Users, Registered Users 2 Posts: 327 ✭✭


    I am a uk citizen who lives in Thailand but I own property and pay tax in ireland

    During Covid I was living in Ireland and took advantage of the plunge in cruise line shares. In 2021 i moved back to Thailand, and in 2024 my cruise line shares are worth a lot of money

    I do have a financial adviser/accountant and she has told me that as a non resident i will not be liable for revenue ie CGT if I sell my cruise line shares…of course i might be liable to pay CGT to thailand tax office

    Plus if i use the money gained from the sale of my cruise line shares to buy ETFs then provided i stay in thailand I will not be liable for revenue ie cgt provided i am in thailand when i sell the ETFs

    I know I should have more trust in my accountant….but i want a second opinion



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