How to Leave the UK (become non-resident, 0% tax)

  Рет қаралды 19,072

Tuomas

Tuomas

Күн бұрын

🇦🇪 Want to get set up in Dubai? Book a Free Consultation - www.genzone.co/booking/dubais...
I left the UK 2 years ago, and since then my life has completely changed, I have more freedom, more money, better weather and a much richer life, and since then I have been helping and advicing many people who wanted to do the same,
So you want to leave the UK as well - you are tired of the crime, the taxes, the weather and the overall declining society and you are ready to escape, then in this video I am going to tell you how to do that.
it might seem like it is as simple as packing your bags and booking a flight to another country, but it is absolutely not, and there are many things that most people fail to consider when it comes to PROPERLY become UK non-resident for tax purposes, because unless you do this right, the UK may still keep taxing you, to deal with any existing businesses you might have in the UK, to know what to do with bank accounts you have in the UK, adeal with any exit tax you might have to pay to the UK and of course to get a proper residence permit and set yourself up in your new chosen country.
📸 FOLLOW ME ON INSTAGRAM - / tuomaskivioja
OTHER VIDEOS:
🇬🇧 Why Everyone is Leaving the UK (& you should too...) - • Why Everyone is Leavin...
🇬🇧 Why I Left London Forever... - • Why I Left London Fore...
CHAPTERS:
0:00 Leave the UK: What you need to know
1:19 Why I left the UK
2:25 Why I moved to Dubai specifically
3:40 How to choose where to live
4:45 Become UK non-resident for tax purposes
6:45 5-year rule
7:39 Split-year treatment
8:23 UK exit tax
9:45 Dissolving UK companies
Tags: I left London, leave the UK, leaving the UK, UK exit tax, statutory residence tests, UK tax, zero UK tax, become non resident in UK, moving to Dubai , how to move to dubai, moving to uae, uae visa, uae residency, dubai visa, bubai company formation, how to start a company in dubai, is dubai expensive, moving to Dubai, why I moved to Dubai

Пікірлер: 116
@Vintagevibes946
@Vintagevibes946 17 күн бұрын
Left that sinking ship in 2020 and never looked back!
@CUNDUNDO
@CUNDUNDO 17 күн бұрын
The Conservative Party has totally renovated the ship, which is currently full steam ahead. With that in mind, you should rethink your decision and make a permanent return.
@Evgenii_dubai
@Evgenii_dubai 17 күн бұрын
The whole world is like one big sinking ship right now🥲
@bugsyspencer9389
@bugsyspencer9389 14 күн бұрын
Left 2018 never looked back everrrrrrr
@haroonhussain259
@haroonhussain259 14 күн бұрын
Where to ?
@bugsyspencer9389
@bugsyspencer9389 14 күн бұрын
@@haroonhussain259Dubai
@hantae-sul5816
@hantae-sul5816 16 күн бұрын
I think the main problem with all bloggers is that they see countries solely from their position. Naturally, if you work online, you're a blogger and the money drops on your card, it's better to live in Bali or Phuket. But what are the salaries in those places for the average person? Besides, if we talk about the cons of England, we should take into account that other countries also have cons. For example, it is silly to talk about the climate in England, and in another video praise Dubai. Where the average temperature is like on Mars. Or Bali, where the infrastructure is like that of a slumdog action movie.
@dejanbulatic2895
@dejanbulatic2895 15 күн бұрын
I agree! Keep in mind that they are always selling you something with their videos
@shaz7132
@shaz7132 14 күн бұрын
@@dejanbulatic2895 Shhhhh just let the negative people leave.
@diosharker8162
@diosharker8162 12 күн бұрын
He is not even British 😂.. please stay where you are and kindly don’t come back. Thank you..
@JohnHarthomstowCEO
@JohnHarthomstowCEO 12 күн бұрын
Yes but you have to keep in mind not all content is aimed at everyone. That's impossible. If it doesn't apply to your situation, find something that does. Clearly this sort of advice is for remote business owners / workers
@liszaf3976
@liszaf3976 14 күн бұрын
We are half Greek/English family, all our children moved the UK in the past 5 years, all have made good lives for themselves, all have good careers and all earn a good salary compared to Greek salaries! The weathers not great but they come home often!! What is good for some is bad for others, our son visited Dubai and said he could never live in that heat and he's Greek!!!!!!! You said Dubai has no crime but there are plenty of videos online regarding all the criminals moving to Dubai. You can make a good life in most places, you have to work at it!!!! The UK still has lots of opportunities for those who want it!!
@jamessmith1652
@jamessmith1652 13 күн бұрын
Dubai is definitely one of the safest places on the planet, along with Japan, Hong Kong, Singapore.
@liszaf3976
@liszaf3976 13 күн бұрын
@@jamessmith1652 yes and there are plenty of people in Jail for petty things for years on end with no conviction and no trial, so there are down sides to everything! I'm not saying Dubai is bad I'm just saying it's not perfect either!
@brahimzaidi3849
@brahimzaidi3849 13 күн бұрын
No place on earth is perfect.
@capitalm1257
@capitalm1257 12 күн бұрын
If I can ask - have you use a boat moving here?
@liszaf3976
@liszaf3976 12 күн бұрын
@@brahimzaidi3849 no but I currently live in 30 degrees, which is not pleasant, so I know living in 40 degrees will mean I am confined to being indoors most of the time🤣🤣🤣😎😎😎
@MA-gd9dt
@MA-gd9dt 8 күн бұрын
The UK and indeed Western Europe is in the decline, failing states that have been crippled by over population and failed multiculturalism. The only way left for our governments is to increase taxes on the population. They have no clue how to create an environment for economic growth. Some would say it’s part of the plan toward totalitarianism. We need total change
@tuomaskiv
@tuomaskiv 8 күн бұрын
100%
@lukesilvamusic
@lukesilvamusic 17 күн бұрын
He don’t miss 🔥
@lisabeaumont
@lisabeaumont 21 сағат бұрын
Good info about dissolving a UK company - thank you. It’s helped solidify some questions I had about my own situation. I came back to the UK 18 months ago and I must have been mental. Looking forward to getting out of here again!
@zacharyjones2893
@zacharyjones2893 16 күн бұрын
When you have both the UAE and U.K. company set up. Prior to dissolving the company how did you transfer the funds within the U.K. company account to the new one? Or did you not go through that?
@garywright8846
@garywright8846 14 күн бұрын
I left in 1995, never looked back. It was bad in 95 now it’s just gone mad.
@LK-gl3rj
@LK-gl3rj 13 күн бұрын
Where did you go to?
@jetvdna5449
@jetvdna5449 Күн бұрын
​@@LK-gl3rjParis
@tonyyoto8820
@tonyyoto8820 9 күн бұрын
Having Dubai tax residency staying here for 6+ months and being owner of UK company. Does UK company paying corp tax only and I take personal dividends tax free being Dubai resident?
@shahzadkheros
@shahzadkheros 16 күн бұрын
Can you share your criteria in your excel sheet?
@miketyson5388
@miketyson5388 14 күн бұрын
I m on housing benefit, income support, disability allowance and child support for my seven kids. But I quite fancy living somewhere sunnier coz I get depressed in uk in winter. What s the process for relocating to doobye and getting all me benefits paid there?
@tuomaskiv
@tuomaskiv 14 күн бұрын
You won’t get any benefits in Dubai, UAE does not welcome leechers like you
@liszaf3976
@liszaf3976 14 күн бұрын
🤣🤣🤣
@miketyson5388
@miketyson5388 14 күн бұрын
What? So unfair. I have an idea doh. My cousin Wayne will draw out me cash in uk and send it me to doobye. Haha,!
@fatwallet13
@fatwallet13 14 күн бұрын
Can't see the government website about leaving the UK you said you put a link to in your description 🤔
@LordAstrowaffle
@LordAstrowaffle 16 күн бұрын
Isn’t it possible to leave the UK company open whilst owning it from overseas? But without an ‘operator’ resident in the Uk (because the company just comprises one person). I’m talking about instances where you don’t want to go through the hassle of opening/transferring the company in your new country of residence
@tuomaskiv
@tuomaskiv 15 күн бұрын
I supposed yes, I’m not sure but you may still need to file tax returns to the UK etc and prove to them the company is non UK resident - I can’t recall the details. It may be more hassle in the long run to do that but doable.
@anthonyrogers4726
@anthonyrogers4726 15 күн бұрын
​@tuomaskiv a UK registered company will always be subject to UK corporation tax and can't become non resident. However it is possible to shift the ownership of the UK company to an offshore holding company and charge management fees from offshore.
@Bazchu1
@Bazchu1 15 күн бұрын
@@anthonyrogers4726can a third party offshore consultancy company charge the UK company management fees? Or does it have to be a ownership transfer to an offshore holding company?
@carlyndolphin
@carlyndolphin 14 күн бұрын
What happens to your UK pension or if you need medical treatment
@lisabeaumont
@lisabeaumont 21 сағат бұрын
Your UK pension will still be paid to you wherever you’ve gone. You can pay for private healthcare insurance in whatever country you go to, or use the local public healthcare.
@zenastronomy
@zenastronomy 16 күн бұрын
does uk non resident mean non citizen or is it just for tax purposes? are you giving up your citizenship? or is it just tax purposes, you are saying you are working and living abroad
@jaysterling26
@jaysterling26 16 күн бұрын
I haven't watched the video, yet. However, it's very hard not to avoid being liable for UK taxes ( if citizen) - you must own nothing and have no UK contacts , essentially ( I'm probably wrong) See Adam Fayed , or similar expert , for this information.
@tuomaskiv
@tuomaskiv 15 күн бұрын
Non resident means non resident, ie you don’t live there for tax purposes. Citizenship is separate, by default you keep your citizenship. I am still a Finnish citizen even though I have been non Finnish resident for years.
@arikkatz6611
@arikkatz6611 2 күн бұрын
​@jaysterling26 if you live abroad you pay taxed abroad, it's that simple
@gabymotsoloc9295
@gabymotsoloc9295 14 күн бұрын
Bro, You missed L in CONSULTATION at about 3 and a half minutes in the video.
@jamessmith1652
@jamessmith1652 13 күн бұрын
The UK is still way better for risk takers than other parts of Europe e.g. The Netherlands. UK is also still a relatively low tax country compared to rest of Europe (Institute for Fiscal Studies confirmed). The worst part of UK is the rising lack of civility and increasing crime.
@wallywild5088
@wallywild5088 13 күн бұрын
Would u mind expanding on how’s its good for risk takers?
@JohnHarthomstowCEO
@JohnHarthomstowCEO 12 күн бұрын
@@wallywild5088 easy to set up business. can register on companies house within 24 hours for £12. its so tough to do this in the EU, trust me. way too much red tape
@jamessmith1652
@jamessmith1652 12 күн бұрын
@@wallywild5088 compared to Europe, the UK is deregulated. I realise it might not feel that way but it’s relative. For example to set up a limited company in the Netherlands you have to have around 80k in the bank. Just one example.
@LefterisGilmaz
@LefterisGilmaz 16 күн бұрын
Finally! someone out there talks the truth. Even if its a programmer
@dwightperry9811
@dwightperry9811 14 күн бұрын
Exit tax, what a load of crap
@royalmartin5178
@royalmartin5178 13 күн бұрын
You said better climet...in Dubai... 50 degree Celsius is better for you...??
@tuomaskiv
@tuomaskiv 13 күн бұрын
it's not 50 degrees in Dubai, this can be very easily verified by checking some weather stats
@royalmartin5178
@royalmartin5178 13 күн бұрын
@@tuomaskiv The highest temperature ever recorded in Dubai was 49.2°C (120.6°F)
@freshdogturds
@freshdogturds 2 күн бұрын
50 too hot but 49 is fine
@flavio6179
@flavio6179 14 күн бұрын
Hi Tuomas did you vote in favour of Brexit ?
@tuomaskiv
@tuomaskiv 13 күн бұрын
I didn’t live there yet at the time
@EdwardThatch-ee7yx
@EdwardThatch-ee7yx 12 күн бұрын
@@tuomaskivSo you’re a foreign agent! Telling people to leave the U.K. What rubbish country do you spawn from??
@debyaka
@debyaka 3 күн бұрын
I left in 2017 because there was no water in any of the toilets.
@freshdogturds
@freshdogturds 2 күн бұрын
That is a big problem in the UK that is not mentioned enough. My toilet rarely has water in it.
@foreignermakingmoney-phili1458
@foreignermakingmoney-phili1458 16 күн бұрын
great vid
@geoff1653
@geoff1653 13 күн бұрын
Says the foreigner .
@BB-yi6qn
@BB-yi6qn 15 күн бұрын
I'm from Thailand , Do you like Thailand ? Welcome to Bangkok Thailand
@lisabeaumont
@lisabeaumont 21 сағат бұрын
Thailand is beautiful! And I hear you have a new digital nomad visa that may help someone decide if it’s where they’d like to be permanently.
@MegaMidds
@MegaMidds 14 күн бұрын
So will you be saying good bye to all UK benefits? I'm guessing not
@tuomaskiv
@tuomaskiv 14 күн бұрын
Yes obviously
@arikkatz6611
@arikkatz6611 2 күн бұрын
what benefits are there for working people that get a "decent" salary in the UK?
@Optimised7
@Optimised7 12 күн бұрын
I also want to leave, however, I’ve heard it’s bad everywhere, other countries have crime etc
@jetvdna5449
@jetvdna5449 Күн бұрын
Better to go China a lot safer🎉🎉
@pmason6076
@pmason6076 Сағат бұрын
He sounds like he's from the UK.
@myconspiracy03
@myconspiracy03 14 күн бұрын
Your video is interesting however it's relatively easier for you to move anywhere in the world at the drop of a hat being that you are self employed and run an online business. I can assume most people watching are employees so need to secure a decent paying job first before moving.
@tuomaskiv
@tuomaskiv 14 күн бұрын
No shit
@PeaceProsperity-dv7hs
@PeaceProsperity-dv7hs 13 күн бұрын
People are leaving the U.K. because of high tax, low growth and Islamisation. Deal with those three things and encourage R&D more, then it’s a start and a better environment is created.
@2islamrevert
@2islamrevert 13 күн бұрын
Sure, they are leaving UK for Dubai because of... Islamisation 😂
@charliestafford9978
@charliestafford9978 12 күн бұрын
So wrong you must be right
@Moon-Labs
@Moon-Labs 10 күн бұрын
I technically can't even spend more than 90 days in the UK in a year and not be a resident.
@lisabeaumont
@lisabeaumont 21 сағат бұрын
It’d be raining and windy for most of that anyway. 😂
@dr.a.m.
@dr.a.m. 8 күн бұрын
His excuse to not pay tax to the UK govt : Uk govt allowed immigration. While he himself immigrated to some other place eg Dubai.
@JohnHarthomstowCEO
@JohnHarthomstowCEO 6 күн бұрын
Why would you pay tax if you've left the UK? Makes no sense, you're no longer using public services. It's fair to pay tax in the place where you're using roads, hospitals etc.
@dr.a.m.
@dr.a.m. 6 күн бұрын
@@JohnHarthomstowCEO what if UK govt enacts a law like US that all US passport holders have to still pay tax even if they work in Dubai? I would call that tax as a mafia protection money with US passport that US embassy will protect you in case some thing goes wrong abroad. Why do you think that UK will not enact such a law ?
@JohnHarthomstowCEO
@JohnHarthomstowCEO 6 күн бұрын
@@dr.a.m. They might put in that law one day, where did I say they couldn't? The future is unknowable.
@arikkatz6611
@arikkatz6611 2 күн бұрын
@dr.a.m he was talking about illegal migrants, and illegal migration got completely out of control, and working people need to pay for their accommodation, food, healthcare and etc and at the same time our economy is in decline, nhs is on its knees, not enough housing and etc
@dr.a.m.
@dr.a.m. Күн бұрын
@@arikkatz6611 If they are worried about illegal immigrants, then they should not bomb other countries and create illegal immigrants in the first place. Their paper currency system (created by Keynesian economics), ganging up with creation of global financial system after 2nd world war is the means to exploit other countries in West Asia and Africa ( with actual wealth and human resources) and rule over them indirectly and make them fight amongst themselves. Illegal migrants issue is the UK is now an election gimmick and most common British voters are not willing to look at their own history. They handed over their empire in West Asia to the US and now they are just an obedient poodle dog to the US hegemony and wars. UK stopped producing children in 60's when they spread the lies and blamed poor countries in South Asia and Africa that they are poor because they have multiple children. There is no way, Britain or any European country is going to remain a prosperous country in the next 50 years solely because of demographics of more older population and lesser younger working people who can pay the tax to feed the old pensioners. Old people in the UK don't want to admit the blessing that they are living longer than the previous generation that died earlier. American foreign policy is being controlled by AIPAC and they are going to bring Europe down because of their wars in Ukraine and West Asia. Professional Immigrants in the UK are the only reason UK economy can grow - We pay higher rates of taxes while we did not take any benefit from the system during growing up years. If Brits don't like immigrants, then they should be ready to be more poor and even more grumpier and die in the NHS without >40% staff who are foreigners. They have no choice. Labour has been bought by Zionists as well and they will continue the same policies that suits only the globalist agenda. The Fund raiser for Starmer is the same guy who was the fund raiser for Blair who lied about WMD in Iraq and killed 500000 people in Iraq.
@gumbs2537
@gumbs2537 13 күн бұрын
I want to go to Spain and start a business entrepreneur??
@_J4CK4L_
@_J4CK4L_ 13 күн бұрын
Bye
@CBDJ7
@CBDJ7 3 күн бұрын
Go for it M8 u won't regret it
@CBDJ7
@CBDJ7 5 күн бұрын
Left the shit hole in 2015 spain is now my home
@RussellSpencerOfficial
@RussellSpencerOfficial 5 күн бұрын
Will you be able to claim a UK state pension? Do you have to pay for your own medical expenses? Retirement is not far away for me.
@CBDJ7
@CBDJ7 5 күн бұрын
Pension 😂 that scam ​@@RussellSpencerOfficial
@Moon-Labs
@Moon-Labs 10 күн бұрын
Whats that accent? Doesn't sound british at all.... So, if you're not actually a national, and don't have significant social ties like family etc. Then, it's quite easy to become a non-resident.
@lisabeaumont
@lisabeaumont 21 сағат бұрын
He’s Finnish. But that’s irrelevant. If you want to move, do your homework and stop whining about it being easier for someone else for whatever reason. Eesh.
@ohyeah2816
@ohyeah2816 5 күн бұрын
Why would I want to do that? Where I live is fine thanks. Vote Labour 👍🏼✌🏼❤️😀
@jimmy23456
@jimmy23456 11 күн бұрын
A foreign guy telling British citizens to leave the uk as he doesn’t like it ? Wonder how long you will stay in Dubai 😂
@ReCo.707
@ReCo.707 14 күн бұрын
Are you even from the uk ? I dont recognise your accent
@tuomaskiv
@tuomaskiv 14 күн бұрын
No
@theancientsancients1769
@theancientsancients1769 13 күн бұрын
Why tell the uk you are leaving? Lol most rich do that
@InActionReaction
@InActionReaction 13 күн бұрын
Don’t leave. We don’t want your political socialism else where. Stay and face the music. 😊
@XeonSX
@XeonSX 14 күн бұрын
So now you’re ‘selling’ your content to uk viewers without paying any tax. And you think that’s ok. No moral considerations whatsoever…
@tuomaskiv
@tuomaskiv 13 күн бұрын
So anyone whose content is watched by Uk viewers should pay Uk tax? That’s not how taxes work🤣🤣
@XeonSX
@XeonSX 13 күн бұрын
@@tuomaskiv Notice how you’re making a case for tax avoidance being moral, and then trivialised it as an obvious thing. But actually it is how taxes are starting to work, digital services tax is being introduced to put emphasis on taxing where services are being consumed. As with all taxation efforts it’s not perfect but it does show what we think is fair.
@2islamrevert
@2islamrevert 13 күн бұрын
Tax is all a scam, we pay near 70% once you include VAT etc and the mega rich pay nada Then they waste it all on supporting crooks in Ukraine and Israel and God knows what else Respect someone's hustle for getting out the system instead of being the crab in the bucket
@JohnHarthomstowCEO
@JohnHarthomstowCEO 12 күн бұрын
That's a strange critique, if he's not a UK resident why would he pay UK tax?
@XeonSX
@XeonSX 12 күн бұрын
@@JohnHarthomstowCEO You need to deconstruct what it means to pay tax to understand why residency alone isn’t a good determinant. In general, I’d say participation in society is at the root of tax paying. Societies, mainly scoped by geographical locations are creating environments for economic activity. Participation in that activity should not be free because it takes resources to create and maintain that environment. With introduction of Internet and sale of services across geographic boundaries created a loophole where you can participate in society without paying. This is exploitation, by one society of another.
@lewistabA8
@lewistabA8 17 күн бұрын
Hi @Vintagevibes949 , I am next I can't wait .
@_J4CK4L_
@_J4CK4L_ 13 күн бұрын
Bye
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