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

Last activity 15 April 2021 by Gordon Barlow

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romain audrerie

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

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

Romain99

Can you do international transfer without being taxed?

Gordon Barlow

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!