Would we have to pay capital gains to Canada? If so at what %?
I don’t know international tax law, but in the states if you purchase a new home your tax obligation rolls over, and there is no gain.
It seems to me that you’d have to pay the capital gains in the nation you were residing in when you earned the capital gains—the UK. I’m not an international tax lawyer, but it stands to reason.
Ok, thanks, I’ll see if I can get some more research, Thanks.