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

1POSTS

5 years ago

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

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Gordon Barlow ViP

1188POSTS

5 years ago

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

Romain99 Member

2POSTS

5 years ago

Can you do international transfer without being taxed?

Gordon Barlow ViP

1188POSTS

5 years ago

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!