Non-residents and real estate Budget 2017: where does this leave the JPUT?

United Kingdom
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Jersey property unit trusts (JPUTs) have long been attractive SPVs for onshore and offshore investors into UK real estate. However, we anticipate that the proposed extension of capital gains tax to non-resident investors, expected with effect from April 2019, will impact on the appetite for these vehicles.

Authored by Graham Chase.

Please see our previous publications:

Non-residents and real estate - Budget 2017: extension of capital gains
Tax Guide: non-residents and real estate budget 2017