Welcome to British
Expats in the Gulf, the ultimate resource guide and discussion forum for British
citizens living in or looking to move to the Gulf region. This section contains
a series or articles on leaving the UK, living in the Gulf region and returning
to the UK. The discussion forum allows you to speak to other expatriates in
the region or pass on your advice and experiences. Lastly, we have included
a classified section where you can buy/sell second hand items.
A Guide to Moving Offshore
Moving is difficult and stressful enough for those
staying in the UK. However, with the additional challenges of ensuring all lose
ends are tied-up and trying organise a new life in another country (often with
different languages, procedures and legal systems), moving overseas can become
overwhelming.
When you become an expatriate you undergo a surprising
number of changes - your tax situation often improves, as generally does your
standard of living. However, you usually lose state healthcare and free schooling,
your company pension freezes and your life assurance may become invalid. Furthermore,
you still have to be aware of your tax liabilities back home for when you repatriate
or dispose of an asset.
What to do in the event of
a Death whilst Overseas
The common perception
of what happens when a loved one dies is that the funeral has to be arranged
and a solicitor contacted to distribute the estate. Whilst these are certainly
two of the morbid tasks that need be undertaken, they are by no means the
only two. The death and ensuing responsibilities are difficult and stressful
enough for those living at home but would you know what to do if your partner
died whilst you where an expatriate?
As far as the UK Revenue is concerned you are
considered to resident for tax purposes of you’re in the country for 183
days or more per tax year. Additionally, if you go and work abroad for more
than one year, you must not be back in the UK for more than 91 days, on
average, in any 365 day period, for the duration of your time abroad.
Another concept
used is that of ‘ordinarily resident’. This is the country that is your
normal home, year on year, with no big foreign excursions.
The third important
concept is that of 'domicile'. This is what decides where you will be liable
to pay inheritance tax and does not usually change even if you never intend
to return to the UK.