Why expats should treat UK property with caution

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

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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.

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