Introduction
Given the ongoing uncertainty around the UK's Non-Domiciled
(Non-Dom) tax regime, many UK resident non-dom's are evaluating
the potential impacts and considering their options outside the UK.
With over 50 years of experience in advising clients on
jurisdictional changes and beneficial solutions, the professionals
at Dixcart Cyprus have prepared insights to assist you in your
decision-making process.
Should I Leave the UK?
The recent proposal to scrap the remittance basis of taxation
has prompted many Non-Doms to reconsider their UK tax residency.
Relocating involves numerous factors such as family situation,
income sources, new tax exposures, visa/residency permit
requirements, and lifestyle preferences. While the decision is
personal and complex, we can highlight some key benefits of
relocating to Cyprus to help inform your choice.