Hi,
Here's my situation:
A. EU citizen and UK tax resident
B. moving to Hong Kong at the end of September this year
C. not sure if I will ever return for work in the uk
D. I am considering applying for a UK passport before leaving, just in case.
Question: Are there any tax implications owning a UK passport, assuming I never come to the UK again? (inheritance tax, capital gains tax etc?) In other words is there a reason, as a EU citizen that I should NOT get a UK passport for this or that tax implication? For example, a USA passport has a lot of tax implications (they tax you on your global income even if you don't live in the USA)
Thank you in advance to this wonderful community for being so helpful.
Ted
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