How tax emigration works
With recent changes to UK tax law, more business leaders are asking whether the UK is still the right place to remain. With some high profile businessmen already having made the decision to emigrate their personal wealth overseas, you may be wondering whether this option is available to you.
What are the implications and savings if you choose to relocate your business overseas? What do you need to do to move personal wealth offshore, and is it worth it?
In short, what does tax emigration really involve, for you personally, for your business or for both?
We help our clients identify the process, requirements, and implications of relocating abroad for tax purposes.
Contact us if you want to know:
● What emigration from the UK involves for you and your family?
● The tax implications of running a UK business while living overseas.
● How investments and UK assets are treated if you move abroad.
● The difference between short term emigration (for annual tax efficiency) and long term emigration (for IHT efficiency).
● The differences between the popular destinations (Dubai, Switzerland, Monaco, Portugal, Italy, Spain, Andorra) and how they welcome wealthy arrivals.
