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Hello! Unfortunately, due to MIFID 2 regulations, retail clients in Europe are unable to buy non-MIFID2-compliant ETFs (for their own protection no less!), which many of the US ETFs are. However, MIFID 2 also allows retail clients to elect to be treated as professional investors (who are not...

I couldn't possibly do a better job of summarising the rules than this page: Deemed Domicile rules But in short, you are domiciled either because you were born in the UK, or you have spent 15 or more years living the UK.

You can do all that, but Canada taxes on global basis, meaning that any revenue generated offshore is still taxable in Canada. So doing your trading offshore doesn't really do anything in this case.

Thats a whole lot of questions and some of them, especially anything to do with remittance-based taxation is probably best answered by a local tax advisor. It might run you a few £k, but will give you the clarity you seek. However, some of these, I'll take a guess at, but please treat my...

For better or worse, I've had to deal with UK immigration for a while now. It ain't cheap. That being said, UK immigration lawyers are known to come up with absurdly high amounts, especially given that most of their work consists of chasing you to submit the right documents. That being said, its...

Just one clarification, if you move in January 2022, you will only be looking to file taxes in by end of April of 2023 (ie March 2023). Good luck with your new home! Canada is a lovely place :)

The reason I asked about your citizenship is because there is a double taxation treaty between Canada and the UAE, however, UAE residents are defined very narrowly (based on citizenship in fact) (Article 4(b)(i)Convention Between the Government of Canada and the Government of the United Arab...

I'll take a stab at your question on Tax, as your Questions on Investments is a lot more complicated. Do I file my documents now, or just wait for Jan and do the first filing for 2022 anyway. I am also speaking to another CPA / Tax expert. In Canada you must file a tax return if: you owe tax...

I ran a company in the UK for 7 years so had to deal with a whole host of tax related issues, both corporate and personal. I also spent the last 2 years learning all I can about international taxation; various jurisdictions and the system as a whole. I just love this topic. Must have spoken to...

Nope, that looks just about right. Do keep in mind that that includes a tax free allowance of £12,750, which would not exist should you elect to be taxed on remittance basis. But, it doesn't sound like you are looking to do that anymore.

Generally speaking, earned income is considered to 'arise' and be taxable in the country you are a resident of. So, if you work and earn a salary while living in the UK, it is generally taxable in the UK. Section 6 will be of interest to you: Guidance note for residence, domicile and the...

As a UK non-domiciled tax resident you, opt into what HMRC calls claiming the remittance basis. You will find more information here: Tax on foreign income but the process for claiming remittance basis is relatively simple. However choosing whether to do it, may not be so straightforward. There...

Just to add to the above: 1) Canada has a departure tax: Leaving Canada (emigrants) - Canada.ca 2) The tax certificate will not help for two reasons: a) the DTA between Canada and UAE defines a UAE tax resident very narrowly: Convention Between the Government of Canada and the Government of the...

Wow, thank you for the quick replies everyone! It is for an individual, unless I am missing something and it would be more advantageous to deploy the capital through a company instead?

Hi folks, Long-time lurker, first time poster. I am looking invest between 2-5m EUR into ETFs/stocks and I was wondering if anyone on here could recommend a execution-only platform that could support a resident of an EU or a non-EU country, as I have not yet figured out where I will be living...