Comment by dreamz

16 years ago

there are many countries with no CGT (Capital Gain Tax)..

http://en.wikipedia.org/wiki/Capital_gains_tax

http://www.globalpropertyguide.com/Asia/Hong-Kong/capital-ga...

it would be really interesting (for the people migrating to other countries for better opportunities) if someone compares cost of living in different countries based on their CGT ... may be this would really change the whole scenario ...

for example if a family wants to decide between new-zealand and canada and lets say that their total saving (as per history) is around 10 to 20% which they regularly invest in real-estate/stock then CGT can change their decision or help them to make decision; of-course there are other factors such as job opportunities, cost of living etc. But for large amount of immigrants CGT plays a big role after they settle down in a new country.