capital gains tax
Hi My wife and i are trying to retire and live in Spain camposol hopefully. We are applying for a non-lucrative visa and pretty much have that covered. We were told that if we sell our property in the Uk and use the funds to purchase a property in Spain within the same tax year, we could be libel to capital gains tax in Spain at 20%. Anyone had this or know if this is correct.
cheers Noel