Hi,
I am Spanish in the process of moving to the UK to work for a UK employer. I have been working 12 years in different countries and have always been taxed in those countries by my global income. I was informed that becoming resident and non-domiciled is the most tax efficient situation for me. I would be taxed only on income or gains within the UK and not on overseas as long as I do not bring those funds to UK. I may need to bring to the UK savings that I have abroad to invest in property. My questions are for how long can I declare as non-dom in the UK?, would I become resident domiciled in case I buy property?, what would it happen in case I bring those savings (already taxed abroad) to the UK?, What kind of documents should I submit to avoid taxes when bringing those funds? Would it be better to bring those funds before becoming resident in the UK?
Thanks for your feedback
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