• IN580 Reforms to UK Investor Visa Category and New Entrepreneur Visa Routes

    IN580 Reforms to UK Investor Visa Category and New Entrepreneur Visa Routes On 7 March 2019, the Home Secretary laid Statement of Changes to the UK Immigration Rules before Parliament, with many changes applying from 29 March 2019. The anticipated changes primarily concern the closure of the Tier 1 (Graduate Entrepreneur) and Tier 1 (Entrepreneur) categories to new applicants, and these will be replaced by the Start-up, and Innovator visa routes. The Tier 1 (Investor) category will remain open with new applicants having to hold funds for a longer period, and changes to which investments are … more

  • IN571 Routes To UK Residence And Citizenship

    IN571 Routes To UK Residence And Citizenship Individuals granted a Tier 1 (Entrepreneur) visa or Tier 1 (Investor) visa under the existing rules before/on 28 March 2019, as detailed below, are generally unaffected by new rules, effective from 29 March 2019. For more information, please refer to Dixcart Article: IN580 Reforms to UK Investor Visa Category and New Entrepreneur Visa Routes Who Can Move to the UK? EEA nationals and their family members have the right to reside in the UK; the situation may change following Brexit. Non-EEA nationals need to obtain a residence visa. There … more

  • IN578 UK Immigration - What Might be Expected in 2019

    IN578 UK Immigration - What Might be Expected in 2019 UK laws generally change at a fast pace and this is particularly the case when it comes to immigration. Brexit Brexit is very much a live issue and is still scheduled to take place on 29 March 2019. The terms of the UK’s departure from the EU are unclear but a few possibilities, in relation to immigration, are outlined below: the current draft Withdrawal Agreement is ratified by the UK and the EU. The UK will leave the EU at 11pm on 29 March 2019, although EU free movement laws will continue, in the interim, until 31 … more

  • IN523 - What is the UK Remittance Basis of Taxation and How Can It Be Of Benefit?

    IN523 - What is the UK Remittance Basis of Taxation and How Can It Be Of Benefit? The UK continues to offer significant tax advantages for individuals who are resident but not domiciled in the UK. This is due to the availability of the remittance basis of taxation. The availability of the remittance basis for longer term residents was restricted from April 2017 and additional details are available on request. Non-UK domiciliaries who are resident in the UK (whether on a short-term basis or a long-term basis) should take specialist advice from a firm such as Dixcart, which has expertise in … more

  • IN515 - Portuguese Golden Visa and the Application Procedures

    IN515 - Portuguese Golden Visa and the Application Procedures Portugal is an increasingly attractive jurisdiction for relocation, due to the lifestyle, cosmopolitan cities, good weather, local hospitality, excellent food and great ambience. With the introduction of Portugal’s Golden Visa scheme and a special tax regime for Non-Habitual Residents, Portugal has become a popular choice for many EU and non-EU nationals. The Portuguese Golden Visa provides the option to obtain Portuguese nationality and, therefore, an EU Passport, in a timescale of just over 5 years. Since October 2012, … more

  • IN510 - Moving to Cyprus - The Benefits for Individuals and Key Advantages of Cyprus Companies

    Cyprus is an attractive option for individuals seeking to move their country of residence. It offers a warm climate, good infrastructure, and convenient geographic location. It also offers attractive tax advantages for companies and incentives for individuals through the Cyprus non-domicile regime, as well as benefits for highly paid employees moving to Cyprus. Cyprus is accessible from Europe, Asia and Africa and Nicosia is its capital. The population of Cyprus is approximately 1.2 million with 180,000 foreign nationals living in Cyprus (15% of the population). Individuals Moving to Cyprus … more

  • IN509 - Alternative Jurisdictions to Consider for Non UK Domiciles Wishing to Move Out of the UK

    IN509 - Alternative Jurisdictions to Consider for Non UK Domiciles Wishing to Move Out of the UK The UK non-domicile regime remains a relatively attractive option with UK non-domiciles (“non-doms”) continuing to have the opportunity to enjoy significant tax advantages for a period of up to 15 years. Major reforms regarding how UK non-domiciles are taxed were introduced in April 2017. As detailed in the Dixcart Article: UK Tax Residence - Planning Opportunities, Case Studies and How to Get it Right, individuals are now deemed domiciled in the UK if tax resident in the UK in 15 of … more