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After getting citizenship and moving to the UK, can I bring my money without it being taxed?

This is an area for the discussion of matters related to issues about moving from one country to another. Examples could be about money transfer, moving and packing, validity of driving licence, etc..

It is not a general non-immigration, free-for-all area.

Moderators: Casa, John, ChetanOjha, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix

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LolaW
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After getting citizenship and moving to the UK, can I bring my money without it being taxed?

Post by LolaW » Sun Nov 05, 2017 3:33 pm

Hi all

So i became a british citizen and now plan to move the UK and bring my money with me. Is money going to be taxed? Will they ask where I got this money? Or can I transfer it from my overseas account to my UK one (when I open one) without any problems?

Has anyone had any issues with this?

Thanks

vinny
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Re: After getting citizenship and moving to the UK, can I bring my money without it being taxed?

Post by vinny » Mon Nov 06, 2017 12:16 am

It's complicated. You should consult an accountant.
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gothical
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Re: After getting citizenship and moving to the UK, can I bring my money without it being taxed?

Post by gothical » Tue Nov 21, 2017 7:15 pm


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CR001
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Re: After getting citizenship and moving to the UK, can I bring my money without it being taxed?

Post by CR001 » Tue Nov 21, 2017 7:32 pm

gothical wrote:
Tue Nov 21, 2017 7:15 pm
Here is a good article on this:

https://www.ft.com/content/d639ffca-73d ... 144feabdc0
Articles on FT are not visible to people that do not pay a subscription to the newspaper.
Char (CR001 not Casa)
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