How to transfer money to the UK after having lived in the Cayman

Member since 14 April 2021

romain audrerieMember14 April 2021 19:53:44

Hello!
I wondered how easy it is to transfer money from The Cayman Islands to the UK? I am currently a UK resident with a settled status and plan to go and work in the Caymans. Any idea how to get all my money back to London when I leave the island after 2 or 3 years there?
Thank you

Gordon Barlow ViP

Member since 19 February 2012

Gordon BarlowViP14 April 2021 21:23:04

1188

It's routine. Lots of English people here send their money back home.

Romain99 Member

Member since 13 March 2012

Romain99Member14 April 2021 22:07:58

Can you do international transfer without being taxed?

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Gordon Barlow ViP

Member since 19 February 2012

Gordon BarlowViP15 April 2021 00:00:30

1188

Romain. When you said you "plan to go and work" in Cayman, was that just expressing a hope, or do you have an actual job lined up? Are you not aware that we don't have Income Tax here? As per this link:-
https://barlowscayman.blogspot.com/2012 … ayman.html

If yours is just a hope, then remember that we live in a Covid-controlled world these days, and even Cayman is suffering from an economic recession!