{"id":119321,"date":"2020-11-24T12:00:08","date_gmt":"2020-11-24T05:00:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hongkongers-rush-for-uk-property-beware-of-this-40-per-cent-inheritance-tax-pain\/"},"modified":"2020-11-24T13:07:01","modified_gmt":"2020-11-24T06:07:01","slug":"as-hongkongers-rush-for-uk-property-beware-of-this-40-per-cent-inheritance-tax-pain","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hongkongers-rush-for-uk-property-beware-of-this-40-per-cent-inheritance-tax-pain\/","title":{"rendered":"As Hongkongers rush for UK property, beware of this 40 per cent inheritance tax pain"},"content":{"rendered":"<p>&#013;<br \/>\nUK property continues to benefit from strong interest from foreign investors, especially those from Hong Kong seeking a path to citizenship. London, specifically, has always been attractive, as it consistently features among the top three cities in the world for prime property investments.&#013;&#013;Asian investors are driving this trend, as they are particularly attracted to the flexibility and potential returns, through either capital appreciation or recurrent income, that diversification through this\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3111112\/hongkongers-rush-uk-property-beware-40-cent-inheritance-tax-pain\" target=\"_blank\">As Hongkongers rush for UK property, beware of this 40 per cent inheritance tax pain<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; UK property continues to benefit from strong interest from foreign investors, especially those from Hong&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-119321","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-v2x","jetpack-related-posts":[{"id":121492,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/paying-cash-for-your-uk-home-beware-of-some-unintended-consequences\/","url_meta":{"origin":119321,"position":0},"title":"Paying cash for your UK home? Beware of some unintended consequences","date":"August 17, 2021","format":false,"excerpt":"\r Since the UK government decided to grant residency rights to nearly three million eligible Hongkongers, many of the city\u2019s residents have been hunting for properties all over the country.Last year, about 30 per cent of homes around the Greater London area were sold to international investors. Buyers from Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46659,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-uk-property-taxes-threaten-to-take-a-toll-on-investors-in-the-uae\/","url_meta":{"origin":119321,"position":1},"title":"New UK property taxes threaten to take a toll on investors in the UAE","date":"March 5, 2017","format":false,"excerpt":"\r Sweeping UK property tax changes being introduced next month could leave UAE investors out of pocket.From April 6, the UK government will put in place a new set of tax changes likely to make it more expensive for many international investors to rent out homes in England and Wales.Under\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46651,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-uk-property-taxes-threaten-to-take-a-toll-on-investors-in-uae\/","url_meta":{"origin":119321,"position":2},"title":"New UK property taxes threaten to take a toll on investors in UAE","date":"March 5, 2017","format":false,"excerpt":"\r Sweeping UK property tax changes being introduced next month could leave UAE investors out of pocket.From April 6, the UK government will put in place a new set of tax changes likely to make it more expensive for many international investors to rent out homes in England and Wales.Under\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-heading-to-uk-under-bno-visa-scheme-undeterred-by-end-of-stamp-duty-holiday-surging-home-prices\/","url_meta":{"origin":119321,"position":3},"title":"Hongkongers heading to UK under BN(O) visa scheme undeterred by end of stamp duty holiday, surging home prices","date":"July 21, 2021","format":false,"excerpt":"\r The end of a stamp duty holiday and surging home prices are unlikely to deter Hongkongers from continuing to buy properties in the UK as they move there under the British National (Overseas) scheme, according to analysts.Since the beginning of this month, London has imposed a minimum 5 per\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123270,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-uk-interest-rates-unlikely-to-lead-to-the-price-drop-some-hongkongers-are-waiting-for-analysts-say\/","url_meta":{"origin":119321,"position":4},"title":"Rising UK interest rates unlikely to lead to the price drop some Hongkongers are waiting for, analysts say","date":"November 17, 2021","format":false,"excerpt":"\r Any interest rate hike in the United Kingdom is unlikely to have a significant impact on home prices, offering a limited upside for Hongkongers who are looking to move to Britain under the British National (Overseas) (BN(O)) scheme and buy property there, according to analysts and agents.The UK is\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/easy-path-to-citizenship-makes-uk-top-choice-for-hongkongers-fleeing-political-upheaval-says-midland-immigration-consultancy\/","url_meta":{"origin":119321,"position":5},"title":"Easy path to citizenship makes UK top choice for Hongkongers fleeing political upheaval, says Midland Immigration Consultancy","date":"December 17, 2020","format":false,"excerpt":"\r The UK is by far the most desirable destination for Hongkongers looking to up sticks and leave, with inquiries skyrocketing this year, according to Midland Immigration Consultancy.The proportion of Hong Kong people considering a move to the UK has surged by nearly 50 percentage points to 84 per cent\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119321"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=119321"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119321\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}