Do other countries operate a domicile system similar to the UK?
Those domiciled in a country tend to pay tax on their worldwide income, while those with a non-domicile status are often shielded from tax on their overseas income/wealth.
Those domiciled in a country tend to pay tax on their worldwide income, while those with a non-domicile status are often shielded from tax on their overseas income/wealth.
In this article we explain why is your domicile so essential, and what are the implications with regards to taxation?