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I still havent got an answerto y question above. If you do need moe inormation, pleasedo let me know what and I will send it across.
Meanwhile I would also like to know if my 2 sons who hold a different nataionality can acquire British Citezenship. One is born in 1980, whilt the other was born in 1986.
I was born in Aden and held a " British Overseas Subject/Citizen" passport while I resided in Bahrain. I was granted a British Citizenship in 2004 according to the wrong that the British Govt. wanted to right , by granting citizenship to all Oversea British Subjects.
My both sons were born in India in, one in 1980, while the other in 1986 and have the same Indian nationality as my husband. We all have been residing in Bahrain from more than 35 years and my application for Bahraini Passport which I had made jointly with my husband has come through, while his and the family's is still pending.
Now both my sons are thinking of applying for British Passport, hence this query.
Thanks for your prompt reply
I wish to purchase a home in London with my husband who is non British citizen.
We wish to have this home for our retirement or as an investment to sell it at a later date some years down the line.
1.) could we later on, repatriate the funds which we shall be sending from Bahrain.
2.) Is there some tax, like CGT or income tax , that we have to pay on the proceeds of the sale, which could have appreciated through the years. If so how much % ?
3.) If we decide to pass on the property to our sons, is there a inheiritance tax which will be applicable.
4.) Could we include the names of our 2 sons in the property we purchase, i.e 4 names in total ?
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