• IN626 Moving To Guernsey - The Potential Tax Efficiencies

    IN626 Moving To Guernsey - The Potential Tax Efficiencies  Background  The jurisdiction of Guernsey offers a very pleasing environment to live in as well as very attractive personal and corporate tax regimes.  The island of Guernsey is the second largest of the Channel Islands, which are situated in the English Channel close to the French coast of Normandy.   Guernsey – a Tax Efficient Jurisdiction  Guernsey is a leading international financial centre with a good reputation and excellent standards:  The general rate of tax payable by Guernsey … more

  • IN605 Moving To Guernsey - The Benefits And Tax Efficiencies

    Moving to Guernsey: The Benefits and Tax Efficiencies  Background  The island of Guernsey is the second largest of the Channel Islands, which are situated in the English Channel close to the French coast of Normandy. The Bailiwick of Guernsey comprises three separate jurisdictions: Guernsey, Alderney and Sark. Guernsey is the largest and most populated island in the Bailiwick. Guernsey combines many of the reassuring elements of UK culture with the benefits of living abroad.  Guernsey is independent from the UK and has its own democratically elected parliament which … more

  • IN450 - Residence and Citizenship Programmes

    IN450 - A Move of Residence Updated July 2019 Please note that as a general principle EEA citizens are free to move to other EEA countries. Switzerland is in the Schengen Area and as such EEA citizens can move there and vice versa. The residence schemes detailed (excluding St Kitts & Nevis) are therefore applicable to non-EEA individuals for each of the countries featured. Please note, however, that where freedom of movement is not the prime motivator, a number of the programmes may be of interest to other EEA citizens and are open to them. St Kitts & Nevis is not in the EEA and … more

  • IN566 Significant Tax Advantages Available To Individuals Moving To Guernsey

    IN566 SIGNIFICANT TAX ADVANTAGES AVAILABLE TO INDIVIDUALS MOVING TO GUERNSEY  Background  Guernsey is one of the Channel Islands and is situated in the English Channel, close to the French coast of Normandy.  Whilst retaining very close links to Britain, Guernsey is independent from the UK and has its own democratically elected parliament which controls the island's laws, budget and levels of taxation.  What Tax Advantages are Available to Individuals Moving to Guernsey?  Capped Rate of Income Tax  Guernsey residents pay 20% income tax on Guernsey … 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

  • IN449 - Guernsey and the Isle of Man: Convenient Choices to Reset the Clock for UK Non-Domiciles

    IN449 GUERNSEY AND THE ISLE OF MAN: CONVENIENT CHOICES TO RESET THE CLOCK FOR UK NON-DOMICILES The UK non-domiciles regime remains a relatively attractive option with UK non-domiciliaries (“non-doms”) continuing to have the opportunity to enjoy significant tax advantages for a period of up to 15 years.  Changes to UK Non-Dom Legislation  Major reforms regarding how non-UK domiciliaries are taxed were however introduced in April 2017.  As detailed in the Dixcart note: UK Tax Residence - Planning Opportunities, Case Studies and How to Get it Right, the rule is … more

  • IN419- Restarting the Clock for UK Non-Domiciles and Alternative Residence Options to Help Maximise Days Spent in the UK

    IN419 RESTARTING THE CLOCK FOR UK NON-DOMICILES AND ALTERNATIVE RESIDENCE OPTIONS TO HELP MAXIMISE DAYS SPENT IN THE UK The UK non-dom regime remains an attractive option for individuals seeking to move from their country of origin or current location. UK non-domiciles continue to have the opportunity to enjoy significant tax advantages for a period of up to 15 years.  Changes to UK Non-Dom Legislation  However, major reforms regarding how non-UK domiciliaries (“non-doms”) are taxed were implemented in April 2017.  UK Tax Residence a Potential Strategy: to & … more