Quote:
Originally Posted by Damien
I imagine you need to be worth several million pounds with a lot of passive income complementing that for it to be worthwhile to uproot your life to avoid some of the tax on that income.
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Nope. You can hide your dosh easily.
Digital Banks: Three bad examples
Plum: Owned by two Aussies (do not correct me on that). They have an account with Citybank (you may correct me on this) and they put your money anonymously there. Very fishy bank.
MoneyBox: They put your money in
their account with HSBC.
Moneyfarm: Owned by an Italian guy. I have no more to say on this.
All three are recommended by the money saving compare sites
Fintech/Worldpay, the same two Aussie Plum guys.
But Jersey has plenty of banks that have subsidiary digital banks. Very reliable. The corrupt
Anglo-Irish bank (jersey) never leaked ANY info, even after bankruptcy.
No need to uproot.