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The three comparisons

Tax relocation for UK residents

A move can change your tax position. A residence permit alone does not.

Begin with the UK Statutory Residence Test, continuing UK-source income, company management, temporary non-residence and inheritance-tax history. Then assess the destination’s residence tests and treatment of your actual income.

Low headline tax rates do not establish suitability. Different rules may apply to earnings, pensions, investment income, property, capital gains, businesses and family members.

Read the UK departure guide and obtain coordinated advice for both jurisdictions.

Our research method and its limits →

Destinations to investigate

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Portugal

Investment residence and targeted tax incentives, assessed separately.

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Greece

Property residence alongside dedicated regimes for investors and pensioners.

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Cyprus

Mediterranean residence with a conditional non-dom framework.

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Malta

European residence and a tax system where remittance and domicile matter.

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Italy

A lifestyle destination with a fixed foreign-income tax option for eligible arrivals.

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Switzerland

Cantonal residence and expenditure-based taxation for eligible households.

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Monaco

A compact European base where genuine residence and nationality matter.

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Andorra

A lower-tax mountain base with substantial passive-residence requirements.

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Hungary

Hungary’s guest-investor permit offers eligible non-EU investors a residence route through an approved fund or qualifying donation. It is useful for residence flexibility and work rights, but does not automatically produce tax residence, a tax exemption or Hungarian citizenship.

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United States

EB-5 statutory capital USD 800,000 for qualifying targeted/infrastructure investment or USD 1,050,000 otherwise; job-creation rules apply.

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Panama

Panama merits close attention for its territorial income-tax framework and investment residence options. The September 2026 rules distinguish new property from resale property and introduce a state-bank deposit alternative. Source-of-income analysis remains essential, particularly for people continuing to work or manage a business locally.

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Bahamas

The Bahamas is relevant to high-net-worth households seeking a genuine residence base without domestic personal income tax. Economic permanent residence has a substantial investment requirement and long holding period. Property costs, immigration permissions and continuing UK obligations remain important parts of the overall decision.

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Saint Kitts and Nevis

Saint Kitts and Nevis combines an established citizenship programme with the absence of individual income tax described by its revenue authority. A citizenship application still requires due diligence, an interview and approval. Holding the passport does not establish tax residence or remove continuing UK tax liabilities.

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Uruguay

Uruguay’s 2026 newcomer rules can be attractive to households with substantial foreign capital income. The relief is conditional and has annual evidence requirements. Genuine residence, the precise type of overseas income and the chosen immigration route matter more than a blanket promise of an eleven-year exemption.

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Paraguay

Paraguay offers a territorial personal-tax framework and a dedicated permanent-residence procedure for certified foreign business investors. It may interest people willing to establish genuine local activity. Residence cards, business registration and foreign-income classification require separate analysis; none is a shortcut around continuing UK tax responsibilities.

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Bahrain

Bahrain combines a property-based Golden Residency route with a system that does not generally tax personal income. It may suit a household establishing a genuine Gulf base. The residence permit, tax-residence evidence and the UK departure analysis must still be handled as separate questions.

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Oman

Official Golden Residency programme offers 10-year residence through specified investment or business routes; threshold not verified here.

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Saudi Arabia

Premium residence includes property from SAR 4 million and business-investor category from SAR 7 million, subject to conditions.

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Türkiye

Türkiye combines an exceptional citizenship route with a separate tax incentive for qualifying new residents introduced in 2026. Property investment can support an application, while the tax benefit requires its own eligibility review and exemption certificate. Neither approval should be assumed from the other.

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Singapore

Singapore combines a selective, high-capital investor residence programme with favourable treatment of many categories of foreign personal income. It particularly merits consideration for established entrepreneurs and family-office principals. Local work and business income remain taxable, and investment alone does not guarantee permanent residence or citizenship.

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Malaysia

MM2H Silver: USD 150,000 fixed deposit plus residential purchase from MYR 600,000 and fees; higher tiers differ.

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Thailand

LTR wealthy-global-citizen route: USD 1 million assets plus USD 500,000 qualifying Thai investment and health-cover conditions.

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Mauritius

An Indian Ocean base for business, investment and retirement.

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