Best Country to 'Tax' Emmigrate To?

theoretica

Isle of Man might be worth investigating.  Not sure how hard it is to get residency.

Yorkie1

I had a friend who went to Malaysia. There was a significant deposit up front, if memory serves right. Most of his income is from property rentals in England.

dont_use_vistaprint

[Deleted User] said:

UAE 

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Having lived in the UAE, I would say it’s the last place on earth I would want to live in retirement.

it’s way too hot way too expensive.& pretty boring when you’re not working.

my advice would be do not plan your life around tax. It’s a huge mistake. There’s  very nice places in the UK, Europe and Southeast Asia to spend retirement, and why choose one ? I tend to do this winters in Asia and the summers in Europe

dont_use_vistaprint

lr1277 said:

There are many threads on this site from expats who lose their UK banking facilities once they are no longer resident in the UK.
There are some workarounds but they are not FSCS protected and they can be discontinued at any time.
The only guaranteed way to keep UK banking facilities is to open an offshore account say in the Channel Islands. These accounts require large initial deposits and have other onerous conditions.
Suggest you do more research if either you have property you will rent out whilst abroad or receive a pension of any description.
i am not sure it is as simple as having a UK address at which you do not reside. If something goes wrong like fraud, you may have to present yourself at a branch with proof of ID and proof of address.

Technically you can be resident in multiple countries and you can still satisfy the third automatic test for tax purposes (if you want to), although you might not want to if you want to continue to push savings into an ISA. there’s not many places in the world we can get 5% tax free savings

I agree though having an HSBC jersey account is very useful. The global banking though is a gimmick, better to use a paid version of Revolut for currency exchanges. All the simplest way it’s just keep money in each country that you visit and use local banking