Live in UK & Ireland and Pay Low Taxes (Non-Dom Remittance Basis Taxation)

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Here in Offshore Citizen, our main mission is to help people reduce taxes to the lowest legal amount possible. Today we are going to talk about a popular but not very well understood topic - non-domiciled remittance-based taxation.
If you're considering living in UK or Ireland this can be an outrageously good deal!
Remittance-based taxation on non-dom residents is only possible in a few countries, typically British Common law countries. These countries have a separate concept of resident and domiciled. In other words, one can be a resident but considered a non-domiciled for tax purposes.
Someone with non-domiciled status, sometimes called a 'non-dom', is a person living (i.e. resident for tax purposes) in the United Kingdom who is considered under British law to be domiciled (i.e. with their permanent home) in another country.
The Remittance Basis Charge (RBC) is payable by UK resident non-UK domiciled individuals who pay tax on the remittance basis due to making a claim for the remittance basis to apply, and who have been UK resident for a sufficiently long period to be within the scope of the charge.
This basically means that if you have foreign income, and keep that income outside of the UK, even if you live in the UK you will not be taxable on that income!
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
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[@surfreadjumpsleep]

5:00 beginning of actual content.

[@Yasin_Affandi]

Thanks for sharing this wonderful video.

[@OffshoreCitizen]

Always our pleasure! What do you think about these options?

[@Yasin_Affandi]

@@OffshoreCitizen Not only from this video, but from your other videos too, thank u very much for opening up all d options. 😁

[@eoh6708]

Does this work if you're British or Irish but haven't lived or visited there for more than 3 years?( Does one not obtain Irish domicile after only 3 years or less? Would it work just living there for less than 6 months a year or do they apply a 300 day in 3 year rule?

[@apolitik]

Thank you for the whole effort of the channel. I would like to ask if there is a country that you can set up quickly and with low cost a company without getting there and without having to go there certain months a year. An online procedure exclusively.

[@michaelgreen8525]

As usual great video. What visas are the clients coming into the UK or Ireland on as not easy to get in. The skilled migrant visa in UK and Ireland around the £40k mark unless you got £2m for the investor visa?

[@2ndTim3_1-6]

I like the sound of this, British common-law is more powerful than people can imagine.

[@hellophoenix]

I’d love to live in London and I had an interview with both an immigration lawyer and a tax lawyer. I was really surprised that in the UK , it’s easy as a foreigner to become a non domicile resident and I could even become a citizen in 5 years . I know London very well and love it so much and the only reason stopped me from retiring there is the weather and Brexit. P.S : Few years ago , it was a big scandal in the British media about non domicile people in the British parliament. The government made it illegal after it became public.

[@OffshoreCitizen]

Interesting. Thanks for sharing! What are you options now that you gave up on the UK?

[@hellophoenix]

@@OffshoreCitizen Because of my back pain issues I had to delay my plans to retire in Portugal . But few days ago , I found a “ medical concierge “ company through an expat group and they seem to offer the medical and home care services I need. So there is hope for me after all .

[@BreakingUFC]

If you don't like Brexit, don't come. London is overcrowded as it is

[@ABCDefpaco]

The weather is milder by the year - deep winter still not great. Why did brexit stop you?

[@RomilCPatel]

Could you take a loan from a foreign entity and bring it into the uk or Ireland instead of taking a corporate distribution from it and not get it taxed? Since your not remitting income your just borrowing it. Similar to how people borrow against stocks instead of selling them to avoid capital gains tax.

[@kooldude123]

also interested in this

[@billhennessey6374]

Michael, when we have our phone call I would like to discuss the Non-Dom Program in Ireland. My father is a dual US/Irish citizen and I have spent a lot of time in Ireland and love it there. I look forward to discussing it with you to see if it would be right for me. Thanks.

[@OffshoreCitizen]

Of course, happy to discuss that with you. Looking forward to connecting!

[@Kashimir]

I'm confused. Thank you for all your information on your channel. Could I move to London as an American citizen and get this non-dom thing and pay low taxes in TOTAL?? I mean, kind of like Dubai is... thank you for your kindness.. I am not sure..

[@Hello-MW]

Can I use remittance basic to do the tax return if I live and work in the UK but all the incomes from foreign?

[@yahyan4943]

Hello, I am a Torontonian wanting to move from Canada to the UK. What options do I have to move there?

[@nascobas2038]

Does this take precedence over the CFC rules in the UK? Say I have a home office in the UK working online for my Dubai registered real estate business (as a sole proprietor); will I be subject to corporate tax even if my income is not remitted back to the UK.

[@kooldude123]

surely you would right? Did you ever look into this further?

[@filippoguidoarnieri7099]

Hello Michael What if I have the Non Dom Status in the ail but work as a day trader using a Us Broker Are the profits considered foreign income or would they be taxed because considered to be generated out of the UK?

[@TkSebastian]

Set up a company in Dubai and live in Ireland or uk or Malta

[@in5minutes556]

What about management and control rules for foreign companies owned by UK residents. Normally if you manage and control a company registered outside the UK, if you are resident in the UK, the company is still considered British and you must pay corporate tax and dividend income tax. Won’t this impact the non-dom strategy of getting dividends out of foreign companies because for the HMRC they will not be treated as “foreign”

[@nascobas2038]

I've been waiting for someone to ask this question.

[@in5minutes556]

@@nascobas2038 yes it’s tricky. If you are Roman Abramovic and have a huge coporation and shares in foreign companies that you don’t directly control, in that case it can work. M&C rules are tricky. Some people fly over to the countries where they registered their buisnesses say Jersey just to attend board meetings but even in those cases HMRC can decide to consider the company UK tax resident if there is enough evidence to point out that the foreign management and foreign board meetings are not properly held

[@in5minutes556]

@@nascobas2038 also if you make less that 100-200 k pounds per year then non-dom is a bad idea. The UK gives various benefits to all residents so you can avoid paying a lot of income and capital gains tax if you don’t make huge amount of money. Non-dom makes sense once you really start making a lot of money

[@nascobas2038]

Thank you for the reply

[@Vamosmac]

​@@in5minutes556err what benefits exist for people to not pay capital gains?!

[@fmalexander5555]

Tell us about the live-life-claim 💎🖐

[@emmanueljames2487]

Can a Caymanian, Bermudian, or any British overseas citizen live in the UK under a non-domiciled tax system? Can you have two UK British Overseas Territory citizenships like Bermuda and Cayman Islands at the same time?

[@enjoyslearningandtravel7957]

Would non-DOM in the UK such as England or Ireland work for a person who’s early retiree about 60 years old with dividends as income? And Social Security?

[@enjoyslearningandtravel7957]

Enjoying your videos

[@RomilCPatel]

Yes, but if you’re American you would have to figure out how to handle US taxes when living overseas

[@mnowmanohar2488]

sir , I have a question to ask if i invest and get the st kitts passport , can i get the colombian citizenship if i live there for one year through naturlization ...

[@TkSebastian]

You cannot naturalize in one year in any country...

[@yf6491]

You just forgot to mention the 30k from 8th year and 60k from the 13th year yearly fee!

[@p.c.h.6721]

30K per year after the 8th year is a lot, so it’s better to leave before that!

[@AusValue]

@@p.c.h.672130k is still worth it if you’re making 200k plus

[@sgill4833]

I still don't get it. As a Canadian you still have to pay Canadian tax. If you sell your company or if you exit the country as a non resident.

[@OffshoreCitizen]

You don't pay tax as a Canadian, you pay tax as a resident. If you cease to be a resident yes there's exit tax but then after there's no Canadian tax.

[@WiresNStuffs]

They are stopping htis in April 2025 right?

[@johnmarriott6998]

Does remote working in Ireland for a UK company count as 'duties performed in Ireland'?

[@OffshoreCitizen]

Yes

[@johnmarriott6998]

@@OffshoreCitizen Thank you. Does the same principle apply in Malta? No permanent base would be established if that's relevant

[@bhaveshchudasama6543]

If I am none resident in UK. Am I gonna be liable for paying UK tax Up on Remitting the foreign income in the UK.

[@OffshoreCitizen]

You should watch some of our videos on tax residency, source income, 3 pillars of residency etc.

[@filippoguidoarnieri7099]

In the Uk

[@joshuabinegar4877]

Would a non-domicile country, be a good fit for a lottery winner?

[@OffshoreCitizen]

Well depends, some places don't tax lottery winnings otherwise it depends what you'll do with your winnings and of course where you want to live

[@joshuabinegar4877]

@@OffshoreCitizen oh I would (I hope) winning in us. Live in Ireland/all over

[@steveg6512]

That is some heavy duty forward planning.

[@drob9673]

Suppose someone has profits coming from crypto staking and would like to make this legal. Which country should this person incorporate the business first?

[@TkSebastian]

Crypto staking is legal .. what do u mean by making it legal

[@TheEmperor000]

@@TkSebastian He means to pay taxes on it

[@teenoso4069]

I am in the UK and our government need to get tough on immigration unless you have skills or invest here a lot here

[@OffshoreCitizen]

Why do you feel that way? Are you content with the post-brexit state?

[@igottheshaft]

​@@OffshoreCitizen Because walking down Oxford street is starting to look like a mix between Karachi and Lagos, and that brings a profound sense of loss and alienation in your own home as a westerner. This trend has grown over recent years beyond any reasonable level and shows no sign of stopping (to say nothing of birth rates). If you want to keep London as a European city, much less a British city, the trend must be reversed and quickly too.

[@michaelgreen8525]

They already have made it hard. We are like Oz and US now you need to be skilled and earn like £40k. Brexit is a load of rubbish nothing has changed really. I live in northern Ireland so hold both passports UK/Ireland. A that has happened is prices have gone up which I think was their plan anyway to deflate the £1.6 trillion debt.

[@pvmoore1154]

@@igottheshaft Hate to break it to you,... but your culture is gone. Just like the US,... there is no "reversing",... only "escaping",... unless of course, one simply desires living in a cess pool.

[@MyLatinLife]

👍🌴

[@SenorJuan2023]

First comment!

[@OffshoreCitizen]

🥳 How did you like the video?

[@coopsnz1]

Wrong excise taxes & vat tax High in UK .... You better off living in USA

[@OffshoreCitizen]

That's about where you spend your money as much as where you live. UK non Dom can definitely be MUCH cheaper than US if you're making a decent amount of money

[@vimalcurio]

How about Ireland?

[@FighterFred]

London is very expensive, so you need a lot of money to begin with. Only for arabs and the like.

[@OffshoreCitizen]

Are you in London?

[@FighterFred]

@@OffshoreCitizen Nope, Londonistan has lost its attraction. The benefit/cost ratio is much higher elsewhere. Love the English people and their humour though.

[@eucamila97]

Hello, is everything ok? Could you clarify a doubt for me? I married a British citizen and my husband and I decided that we are going to live in the United Kingdom, however, I have investments in my country (Brazil) and I am not interested in providing a tax exit in Brazil, however, I want to send an amount for me to keep in the United Kingdom, I would like to know if I would pay tax in the United Kingdom on all my goods in Brazil (taxes are already paid on Brazilian soil) or if I will only be taxed on the amounts I send to the United Kingdom? And how long could I maintain non-domestic status? Can I maintain non-domestic status if I become a British citizen? Thank you in advance for your attention, have a great day. 😃🙂

[@alfinal5787]

If only UK wasn’t so expensive and woke…

[@OffshoreCitizen]

What country best fits your criteria?

[@alfinal5787]

@@OffshoreCitizen I don’t know what countries have Non-Dom). It’s very hard nowadays.

[@vimalcurio]

How about Ireland?

[@fpateman3498]

Stop waffaling