[UPDATE] Please note that fee quotes stated in historic postings may be out-of-date.
Under typical Double Tax Agreements (“DTA”), taxes paid abroad can be offset against domestic taxes levied on foreign income/dividends i.e. property/income tax in HK can offset the higher UK tax to avoid “double taxation”. You still will have a tax in Hong Kong but that can be minimized with proper planning.
The pension regime in Hong Kong (The Occupational Retirement Scheme “ORS”) can limit your property/income tax exposure and eliminate your UK tax on any future capital gains; worth a look.
Weir & Associates
Solicitors & Notaries
16th Floor Tak Shing House
20 Des Voeux Road Central
Central
Hong Kong
Tel : 2526-1767
Fax : 2868-3568
Email :
WeirLaw@weirandassociates.com
www.weirandassociates.com/weirlaw