fbpx

Relocating to the UK:

3 Important

Considerations

You are looking to apply for the correct UK visa for you and relocate to the United Kingdom. Choosing the right type of visa is an extensive process. However, there are at least 3 additional considerations as you prepare to relocate to the UK:

1. Tax status

As you prepare to relocate to the UK (the British Isles, England, Wales, Scotland and Northern Ireland) under Tier 1 Investor visa, you also need to thoroughly consider your newly acquired UK tax status. 

The United Kingdom is a sophisticated and complex tax jurisdiction, which may not be as easy to navigate and requires specialist knowledge.

It is important to obtain crucial professional tax advice before you relocate.

2. Protecting your overseas assets

The UK is a sophisticated tax and legal jurisdiction.

However, it is possible to protect your overseas assets if important steps are taken before you relocate to the British Isles, England, Wales, Scotland, and Northern Ireland.

Therefore, it is important to ascertain what these specific steps are for you.

3. Structuring your worldwide wealth

As you become a tax resident in the UK, your worldwide assets fall under the UK’s rights to tax your overseas assets.

Therefore, your global wealth needs to be reviewed and structured accordingly. If your assets are structured already, these structures need to be reviewed in accordance with UK tax considerations.

 

Book a call with me to discuss your Global Wealth Strategy as you invest operate or relocate to the UK or Switzerland. You may submit your enquiry here.

Book a call with me to discuss your UK immigration application. Submit your UK immigration enquiry here if you need assistance with any UK immigration application.

You will be first guided to a payment page when you choose “book a call” option. After making the payment, you will be able to choose the most convenient date and time for our Zoom meeting. You can report a payment issue here.

Saule Voluckyte, M.A.E.S, LL.B, FAIA

I have been working exclusively with UHNWI in Mayfair, London since January 2008. I built specialist knowledge and expertise required to serve ultra high net worth individuals investing, operating and relocating to the UK or Switzerland.

Within the industry, I am the single adviser who is able to traverse the different areas of expertise and bring a comprehensive approach across: global structuring, UK immigration, international taxation and FOREX to develop their global wealth strategy, while they build, grow and expand their wealth worldwide.

Previous experience as one of the senior advisors for the government, made me a go-to person when delicate and uncomfortable scenarios involving heads of state need to be handled with care and preserve privacy.

Contact a family office specialist to discuss your needs.

As somebody who specializes in tax, wealth management of ultra high net worth individuals’ assets and legal requirements for high net worth families, my sole purpose is to help you protect your family’s legacy.

Should you have a specific enquiry on how to start your own family office, please book a call below.

If your specific enquiry is about how to invest, operate or relocate to the UK or Switzerland and you are looking to align your UK immigration, tax, overseas wealth concerns and benefit from favourable currency conversions and other bespoke services to UHNWI.

Submit your enquiry using this form

Share This