The UK Closing Its Non-Dom Regime Could Turn Out to Be a Big Mistake

By MSP Global

The UK has offered a special tax status to non-domiciled residents since the late 1700s. However, the British government recently announced it is dispensing with this colonial-era law, implying significant consequences for many international residents, businesses, and even the UK economy. So, what exactly was non-domiciled status, and what happens now that it’s coming to…

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Established in 1997, headquartered in Manhattan, New York and in the UK, Mona Shah & Partners Global (“MSP”) is experienced in global investment, business immigration, direct investments, corporate & securities law.