Julia Jackson and Matthew Braithwaite discuss issues related to immigration with Hong Kong lawyer, Alfred Ip a founding partner of Hong Kong law firm Hugill & Ip . The preparatory steps when applying for resident status in the UK are not only crucial from an immigration point of view, but also in terms of wealth planning.
From income tax and property-related taxes to inheritance tax and succession issues, individuals need expert advice in order to navigate the complexity of legal and tax requirements in the UK .
They also touch upon the recent developments announced by the UK Government regarding rights of BN(O) status holders as a new path along the immigration route.
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Show Notes:
03.50 – Pre-migration tax planning
10.11 – Immigration application and funds transfers
14.05 – Impact of UK domicile on tax
19.59 – Segregating accounts
23.46 – Indefinite leave to remain
26.08 – Same-sex marriage, civil partnerships and common law relationships
29.22 – Relocation for employment reasons
40.28 – Student visas
48.28 – UK inheritance tax
52.27 – BN(O) status