Recent content by manukahoney

Don't complicate things. Leave the UK, spend less than 16 days, you are golden. Move to the jurisdiction that doesn't have CGT and where you can get a residency quickly (UAE for example, can be elsewhere). That's it, no complex structure, no excessive reporting, nothing.

Move to UAE or Cyprus right now (like today), before spending more tax days in the UK for 2025/26 tax year. Spend less than 16 days in the UK tax year. You will automatically lose your tax residence. That should do the trick, however I would also recommend cutting the ties in the UK: -...

I heard the same story from younger guys as well - doing a startup is easy when you find the right unit economics. I started before startup boom and hitting 100k was relatively easy - chose a new industry, contributed in the field, made a name for myself and started an agency. Reached 10k...

Just go to Gibraltar, at least you get better climate and cheap stuff in Spain and you can drive/fly anywhere. On the issue - CI economy heavily depends on financial regulation, it's a nexus for offshore banking, so everything else matters little. So if you believe that the UK government will...

Apologies, but were they ever a good place to start with? The weather is dull and windy, the prices are mad, there is almost nothing to do and see and you need to take a connecting flight to go anywhere. I understand British who moved there - it's an upgrade plus you are a short flight away...

You need big returns, so expect big risks. And let's stick to legal routes only. Trading. Options are your obvious choice, small cap crypto might work as well. Both require intense DD and a sheer amount of luck - you have bigger chances of losing your deposit than making 10X on it, but it's...

There are structures called DIFC trusts. I recommend looking into it.

It's not. In fact depending on the country it's one of the best passports you can have. The residence on the other hand can be taxing. Pun intended.

My bad, Cyprus and Ireland have limits, Malta doesn't if I'm not mistaken.

You would struggle with any jurisdiction not matching your EMI. Try opening a EU EMI for a Singapore company for instance, most of them are not working with any setup outside of EU/UK. Some do and then charge excruciating fees. For UAE you have WIO, mbank and others - they open business...

I don't know how it works now, but as a non-dom you just ticked the box "remittance basis" and that is all, no need to declare any assets or income received overseas. It does require some footwork on the banking side, like keeping your "clean capital" and income from it separated from the rest...

Yes, that will do. I in fact know Italians who decided to go to the UK for a few years before moving to UAE because Italy has some bizarre exit tax if you move to what they consider a "tax heaven". Another case - you can relocate to UK, get a tax residency (rules are simple and very...

Short answer - no, they abolished the non-dom status. Slightly longer answer - they did introduce some 5-year substitute, but imho it's not worth it anymore. Ireland, Cyprus, Malta have 17 years non-dom regimes and Cyprus has the lowest requirements for the personal tax residence, I would...

Add Cyprus/Malta and Ireland on the list if you after Med or wet climate and can do non-dom (so passive income only). The rest you mentioned correctly, there is no ideal setup available. We almost went with Monaco, but decided to give Dubai a go and didn't regret. Apparently, most of our London...

He actually responded that BTC and ETH will obviously be included lol. Someone actually bought a buttload of ETH and BTC an hour before using 50x leverage - the whole community is fuming, but not like insider trading is something new in crypto. On the serious note, the whole "reserve" thing...