I have a friend who has a Hong Kong property he wants to sell, the property was passed down to him by his Father. He currently lives in London and the Hong Kong house is in his name. He is not a Hong Kong national, is he able to sell his property and transfer the proceeds to the UK?
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Why not?
There are no capital controls in Hong Kong
He needs to check the tax laws of his domicile country to see what tax laws apply
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bo11
9 yrs ago
Hi. I am looking for a property to buy in Hong kong.
can you ask your friend to contact me?
Chris
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Hi, I have a friend who is a property agent may help you to sell the property.
Please feel free to contact me.
Thanks.
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I don't see the problem...
The HK property market is : Liquid, and transparent, and has (relatively) low transaction costs, so long as you are a permanent resident
You should have no difficulty Buying or Selling a property...
Unless you want to:
+ Buy below market, or
+ Sell above market
which I have to believe is what the posters are aiming for,
(Please tell me why I am wrong. I might learn something.)
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