hungryhorace

lol, don't be silly. That child had it coming though. I wish I could have taken his parents' home, but alas.

Michael

I suspect this is generally what many use to be domiciled in another country.

You do not intend to remain in the UK permanently or indefinitely

That can probably be interpreted by many different ways by a good lawyer.

Also I said there were penalties but there doesn't appear to be any penalties.

This may work. Before a person returns to the UK, they deposit money in a UK bank account to buy a house and several years of living expenses and the rest is put into the tax free Cayman Islands accounts. Neither is then taxed.

When traveling outside the UK, you withdraw money from a Cayman Islands bank account to pay for transportation, lodging, food, entertainment, etc. which will be tax free from all countries.

Only if you need money to live on in the UK, do you transfer money to the UK and pay UK taxes.

jmood

Theoretical question: If the wrongful death lawsuit against him was awarded before he bought the house, he gets the penalty by the court, then he quickly goes and buys property in Florida - is that still all protected and nothing can be done to collect from him?

Michael

It's hard to know but I suspect anyone with a lot of money that is being sued already has an expensive accountant figuring out ways to hide and safe guard their money long before a judgment is awarded.

Even dumb people like OJ know to do that but he couldn't seem to stay out of prison because of his stupidity of thinking that he got away with murder once so staying out of prison should be easy for a little gangster style armed robbery.