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I am a UK citizen looking to sell my USA Rental property in Florida. I have a USA bank account and wondered what is the best advice in regards to retaining the value of the sale if I was to transfer the money to the UK. Of course I will be keep an eye on the dollar vs gbp rate.

If I transfer the USD sale money to a UK account what is the best way to do this with minimal impact change on transfers? Is there cost effective ways to do this? OR should I leave the money in the USA account and keep it in a higher interest account.

Any advice appreciated.

Steve

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  • when you transfer the money will you still have enough money in the US to pay the taxes related to the sale of the rental property? Jan 10 at 23:01

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