u/bingley-bongley-boop

Capital gains on foreign house sale

Hi all,

I'm currently in the UK but planning to move to Japan with a spouse visa. We have a house in the UK that we are selling but that process is taking a long time.

My question is what happens if we decide to move to Japan and then sell the house. I would have to pay capital gains tax in the UK on the house. But what would the treatment in Japan be? Does the double taxation treaty cover this or do I have to pay either capital gains or income tax as foreign income on the proceeds of the sale?

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u/bingley-bongley-boop — 4 days ago