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Old 19.10.2017, 23:33
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Re: Transfering out a large single lump sum

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NonDoms tend to live off capital rather than income & have a zero tax liability for 7 years, it gets quite expensive after that 30k/60k/90 a year depending on years in the UK.
You're right. I don't think this will affect me much from a tax point of view.

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Call your bankers before the transfer and tell them why, how much.
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Record the call, that's your assurance.... Even when everything's legit, it can be a huge PITA and a waste of time
Thanks for the warning - This is exactly why I'll pay them a visit before I do any big transfers. And see if they can offer me a better rate while I'm at it!

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The one month free trial is somewhat misleading. This is at least how I understand it.
Hmm.. I think the one month free trial means that you can cancel after the month is up if it doesn't suit. You're right that a continuing subscription is done on a yearly basis.
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  #22  
Old 19.10.2017, 23:34
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Re: Transfering out a large single lump sum

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If you decide to go with currencyfair drop me a personal message for a 30 euro referral bonus. We both get the bonus if you transfer 2K euro equivalent.
Thanks - I'll contact you if I change my mind about my current course of action.
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