I'm living in Northern Ireland, and I own no property at all. I'm living at my mums.
If I purchased a house in the republic, with the intention of moving to it permanently at some point in the future, would capital gains tax be due if and when I sold it?
If and when I sold it I would be resident in the house and so tax resident in the republic and it would be my main, and only, residence.
But there would have been maybe a few years when I first purchase it when I was not permanently resident in it. At no point would the house be rented out.
Thanks for any advice
If I purchased a house in the republic, with the intention of moving to it permanently at some point in the future, would capital gains tax be due if and when I sold it?
If and when I sold it I would be resident in the house and so tax resident in the republic and it would be my main, and only, residence.
But there would have been maybe a few years when I first purchase it when I was not permanently resident in it. At no point would the house be rented out.
Thanks for any advice