it’ll be interesting to see how things change under the new administration. In any case, the enquiries keep coming in, and many people still see the UK and the US as places where they can build a great future for themselves and their families, How are recent events affecting relocations to the UK and the US? The pandemic’s definitely diminished international travel at the moment, but it’s hard to say how the norms of travel and migration will be affected in the long-term. Now we‘re all used to having meetings remotely, it’s possible business travel will never quite get back to how it was. However, the vaccination programs are underway and we can see the light at the end of the tunnel (however distant it may be), so many people will be hoping to start booking flights again. Brexit may cause a reduction in migrations to the UK from the European Union, but it’s possible this will be offset by increased migrations from other locations. Similarly, recent political developments in the US may have a long-term impact on the rate of migration there, but whether temporarily or for the long-term. With some of the top schools and universities in the world, education is often a driver for families to relocate. Others are drawn by exciting opportunities for developing their businesses or careers in the great financial centres of London and New York, or in the tech hub of Silicon Valley. How should individuals prepare for a move to the UK or the US from a tax perspective? There’s a lot to consider before moving to a new location, and each person will have their own particular circumstances and objectives. It’s important to obtain detailed bespoke advice well before you become resident, for tax purposes. Seeking advice at least three months before relocating is what we usually recommend, but preferably longer "Brexit may cause a reduction in migrations to the UK from the European Union, but it’s possible this will be offset by increased migrations from other locations"
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