Published: 25/08/2017 25/08/2017
Last updated:
25/08/2017
25/08/2017
Is the renting out of property considered income in family immigration cases?
Yes, it can be reckoned as income. You must document such income in the form of a lease, account transfers and, if relevant, a deposit account. Rental income that is taxable must be documented in the form of tax settlements that show that the income has been reported to the tax authorities. If the rental income is tax exempt, this must be documented.