Non-residents and real estate Budget 2017: where does this leave the JPUT?
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.
Non-residents and real estate - Budget 2017: extension of capital gains
Tax Guide: non-residents and real estate budget 2017
Please see our previous publications: