Hi All
First post 😎
I currently live and work in the Channel Islands and have been here for over 15yrs. I resigned from my job and am going travelling for a year or two in the new year. I won't have an address here anymore and my stuff will be stored with family in the UK.
What do I do about my physical address used for accounts and tax residency? I'm particularly concerned about my broker account I use for investments and have Channel Islands as my tax residency/address (and have entered my tax ID). When travelling I won't be in one place for more︀ than 3mths at a time. What does one do in a situation like this to︁ not cause an issue with tax residency and my broker account (or any account for︂ that matter)? I can get a UK address online no problem but am concerned that︃ if I do that the broker will think I am a tax resident in the︄ UK when I am not. I probably won't return to the Channel Islands due to︅ the crazy cost of living here so while travelling will be looking for a new︆ place to call home. In the broker account I can use a different address as︇ a mailing address and keep the Channel Islands address as is but not sure how︈ long this will work for or if it is acceptable.
Hopefully I've explained this properly,︉ if I haven't let me know! 😀
Appreciate any help or assistance.
First post 😎
I currently live and work in the Channel Islands and have been here for over 15yrs. I resigned from my job and am going travelling for a year or two in the new year. I won't have an address here anymore and my stuff will be stored with family in the UK.
What do I do about my physical address used for accounts and tax residency? I'm particularly concerned about my broker account I use for investments and have Channel Islands as my tax residency/address (and have entered my tax ID). When travelling I won't be in one place for more︀ than 3mths at a time. What does one do in a situation like this to︁ not cause an issue with tax residency and my broker account (or any account for︂ that matter)? I can get a UK address online no problem but am concerned that︃ if I do that the broker will think I am a tax resident in the︄ UK when I am not. I probably won't return to the Channel Islands due to︅ the crazy cost of living here so while travelling will be looking for a new︆ place to call home. In the broker account I can use a different address as︇ a mailing address and keep the Channel Islands address as is but not sure how︈ long this will work for or if it is acceptable.
Hopefully I've explained this properly,︉ if I haven't let me know! 😀
Appreciate any help or assistance.
