For UK residents only

[MitchT]

Blown2CV said:

I don't doubt your motives, however i think most candidate emigres are also interested in it being warm outside of their house!

In reality, yes, I'd probably go to the Canary Islands or California, but the main reason I wish I could go there now is because of the cost of heating one's home in the UK. If I had £150m the cost wouldn't be an issue so, while I'd probably still end up going, I wouldn't be in anywhere near as much of a rush to start arranging it.

[Johnny]

Moonhawk said:

Yep - me too. I'd buy this:

http://www.rightmove.co.uk/new-homes-for-sale/prop...

Wow. That's pretty much perfect.

[Adam B]

Blown2CV said:

fair enough, however lottery winners have all their money in the bank so there's no income tax savings to be had as such. Not sure whether savings interest tax savings also come with a pad in the principality, but you'd be spunking tens of millions on even a cramped flat! Maybe that's why it's such a densely populated place of course.

Eh? If you stay in the UK and earn say £3m interest per year on your £150m you will be taxed 45% on most of that income, in Monaco it would be zero. That said I would rather pay the tax and not have to live in that boring dump of a place

Edited by Adam B on Thursday 30th October 18:29

[Vaud]

Adam B said:

Eh? If you stay in the UK and earn say £3m interest per year on tour £150m you will be taxed 45% on most of that income, in Monaco it would be zero. That said I would rather pay the tax and not have to live in that boring dump of a place

Quite. Concrete jungle, never seen the attraction.

[AJS-]

UK would always be home but I would travel around a lot and probably live in different places as I fancied, for as long as I liked.

I've lived in a few countries as have a few of my friends and family and I tend to notice a recurring theme of a honeymoon period lasting anywhere from a few months to a few years, that eventually gives away to niggles and boredom after a while.

Whether I'd eventually settle somewhere permanently or not who knows.

[BoRED S2upid]

The trick is not to have a place of residence just keep moving. Spend a few months a year on your yacht have a place in London, France, America, Australia, Switzerland etc... and visit each of them every year as the seasons change. No tax to pay lots of stamps in your passport and a wonderful life.

[GetCarter]

BoRED S2upid said:

The trick is not to have a place of residence just keep moving. Spend a few months a year on your yacht have a place in London, France, America, Australia, Switzerland etc... and visit each of them every year as the seasons change. No tax to pay lots of stamps in your passport and a wonderful life.

Not for me. No place like home.

[AB]

I know a couple of people in this boat... they don't LIVE abroad, they just sod off to wherever they want, whenever they want.

They own holiday homes abroad and visit them regularly, but they still LIVE here.

[4941cc]

EskimoArapaho said:

What a weird question! If you don't like Blighty, just go now. Waiting for a infinitesimal chance to live the way you want is very very sad. This is not a rehearsal, carpe diem, etc.

And, no, I'd stay here. I like it here.

Maybe without being a significant investor, one wouldn't have the eligibility to emigrate to those places by more traditional routes of having a desirable profession and adequate finances etc.

Most countries however will let you live there if you lodge a large amount of money with the government. Was £800k last time I looked into Canadian immigration without marrying a native or having close relatives who are citizens.

My primary residence would still be in the UK, but I would have homes in a few places, Canada for winter and far northern NZ for summer stays, having spent a bit of time in each.