Transferring money from Spain to UK

A friend of mine owns a property in Spain. Recently her husband died and she has now put it on the market as she can no longer look after it. People have told her that when she sells the property she wont be able to transfer the proceeds to the UK. Can anyone confirm that this is true.

Thanks

Ellis

Reply to
Ellis
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Doubt it. I can see no reason why it can't be transferred to the UK. There may be Spanish capital gains tax to pay on the proceeds, and also UK CGT, subject to double taxation relief.

Reply to
Jonathan Bryce

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