Originally Posted by want2invetinuae

Thanks but not what I wanted to hear. Why must I disclose my gains if my investment is staying in the UAE. Eg if I play with my investment and say make £500,000 over the next few years and then decided to bring it to the UK then yes it makes sense to disclose it and pay that 18% tax on all my gains. However, if I decide to move to the UAE then why should I have to pay 18% tax on my investment when the investment is based in the UAE. I dont have to pay 18% each year do I. I mean I can pay 18% of any gain I decide to bring back to the UK whether in 1 year or after several years. I know by paying 18% all together I guess I loose yearly allowance of £9000 but I think its a strong possibility I may move to UAE. I dont want to have to pay tax in this case. Can you clarify further please. Where are you based?