How do you get “black money” from a Spanish property sale back into the UK?
December 11th, 2011 by admin
A colleague of mine has been left part of a spanish property as the result of the death of her father. The property has been sold but as is normal in spain part of the asking price is paid in “cash” under the table as “black money”.
As a result, my colleague now has a substantial sum in Euro cash that she now needs to get back into the UK. Can she just transfer the money from Spain into a UK account? Or does she need to do something else?
Passive Income
Related posts:
- If money is wired into my account as a result of a property sale in Mexico, is this taxable here in the U.S? Cash is being wired from the Administrator of the Sale of the property as a result of a family inheritance. This is taking place in Mexico and I am...
- How to write a letter stating I intend to give a relative a sum of money from the proceeds of a property sale? Has to be a formal letter. Also, is it possible to have it made legal and if so, how? Thanks. It doesn’t have to be a legal contract but...
- Hot UK Investment Properties Sale Guide For any buyer who is purchasing property in UK, one should be sure to have all one’s funds organized before you start seeking for the ideal investment properties. Due...
- Spanish Property: Ever Intriguing Spain is already developed; it is the 9th developed country in the world and the 5th in the European Union. Golf clubs in Girona, El Golfo beach in Lanzarote,...
- Do we have to pay taxes on money from a property sale outside of the USA? My wife who is a legal permanent resident, but not a citizen, sold property she inherited from her father in her home country. If we bring the money to...
0 Responses to “How do you get “black money” from a Spanish property sale back into the UK?”