Checklist

In summary the key tax issues to identify are as follows.

1. What are the local inheritance laws?
2. Will my residence status in the UK change?
3. Will I become tax resident in the country where I buy a property?
4. What continuing UK tax liabilities will I have?
5. What will be my liability to income tax and CGT in the country in which I buy property?
6. Will I be affected by local inheritance or gift tax?
7. Is there a local wealth tax?

Sort out all of these issues and then, as you sit watching the sun glint on the blue waters of the Med, there will be no dark tax clouds building up behind you to cast a shadow over your new found idyll!