DOWNLOAD: July 2023 Living abroad – The tax rules

UPDATED July 2023
One positive outcome from the Covid-19 pandemic is that many people now find themselves free to work anywhere they want. This has led to a new breed of digital nomad, and a number of countries offer schemes allowing extended workcations. This lifestyle is particularly attractive for the self-employed, but employees may also find their employer is open to the idea.

The months prior to departure are likely to be highly stressful. Finding somewhere to live in your chosen country, arranging the necessary visas and booking a suitable removal firm are just some of the issues you are likely to have to deal with. The pandemic has shown just how important it is to make sure your finances are secure and that you have good health cover.

Paying adequate attention to financial planning is vital in this major change to your life. The tax consequences of leaving the UK are complex so it is essential that you seek professional advice.

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