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Subject: Re: Keeping UK bank account when in USA & Buying $'s Posted on: Mon, 03 Oct 2005 19:45:41 +0000


> You won't pay tax on the proceeds of your house sale. Just remember to
> keep bank statements etc. so you can document the money trail - your
> accountant (if your going to use one for taxes) and possibly the
> mortgage lender for your new mortgage may be interested in that.

That *very much* depends on the immigration status of the individual. As
NB pointed out, LPRs are subject to tax on worldwide income and
potentially on capital gains.

--
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