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Amklive

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  1. Thanks LKC. Exactly what I was looking for! We moved here after 10 years in Murrayfield in Edinburgh and I'm a Scot. I love Edinburgh and my choice would've been to move back there or St Andrews but OH (I assume that's other half) is a Belfast Lass who is very close to her mum. That settled that. We sold our Edinburgh house late last year after renting it for 4 yrs and haven't been pestered for CGT on its sale (reckon we're fine on that score, as it most likely didn't increase much since Apr 2015). So looks like we'll be able to use the proceeds from Edinburgh & Sydney to set up shop in NI without fear of the tax man calling! Thanks again and if you need/want advice on Edinburgh just ask! al
  2. Thx Laura & Lee! Having citizenship means that If we can buy a GBP450-500k house outright in NI, then we can sell again in X years and still be able to buy back in.........Providing house prices in Sydney don't keep increasing at their current rate!! This safety-net is keeping me sane at the moment! Rob, I hope you are right!
  3. No, I just know that HMRC don't need much incentive to try and take money off you. I want to be in full knowledge of the facts before I pretend to be ignorant of them!
  4. Also family and great friends, great golf (and mountains), being able to watch sport at the right time, being able to go to a real pub. I love Sydney - we live in the Bilgola/Avalon area on the Northern Beaches and I love the climate and the people etc I'd give it up and embrace the cold again for all of the above!
  5. HI Simon, A number of reasons: 1) Capitalisation on the Sydney house prices - Think this will be as good as they get for a while and I want to sell now whilst the going is good (before interest rates increase). We've owned the same house for a few years now. 2) Strong AUD vs GBP - allowing us to maximise our take-home amount - I can only see the GBP getting stronger over the next 12 mths.......... 3) Eldest is 11yo and Northern Ireland has excellent FREE Grammar schooling, and its the right time to move him and our 8yo home to minimise distruption. 4) The thought of being mortgage free at 42 in a really nice house with no school fees and both our salaries being pretty-much disposable appeals immensely. What's made you think about moving back? Al
  6. Hi All, First post - We are seriously thinking about moving back to the UK in June after 4.5 years here (citizenship gained) and wanted to get some advice. We own a house in Sydney and intend to sell it prior to moving back (to allow purchasing our house in UK). Are there any tax implications on moving approx $350k back to the UK for our new house deposit? I had thought (probably utterly naively) that we could move it using OzForex and have no tax to pay - Any advice or help gratefully received! Kindest regards, Al
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