David,
I am assuming that this is not your only or main residence covered by PPR, but an investment property.
Then the first time it is safe to sell this property is the 6th of April 2004.
You will not be able to take up residence in the UK for 5 complete tax years to be sure that the gain will not be taxable in the UK.
Also, you will only be treated as provisionally non-resident until you have been out of the UK for 4 tax years, during which time you must not spend an average of more than 90 days a year in the UK.
If you want further advice on going non-resident including avoiding UK Inheritance Tax I will be happy to assist.
Daniel Feingold
Strategic Tax Planning
International & UK Tax Consultants
Tel : 0161 720 7244
E-mail:
sedrate@easynet.co.uk