Glossary/Remittance basis

Relocation glossary

Remittance basis

A tax approach where foreign income is taxed only if and when you bring (remit) it into the country.

Under a remittance basis, foreign-source income and gains aren't taxed simply for existing — they're taxed when you transfer them into the country where you live. Keep the money offshore and it can stay untaxed locally; bring it in and it becomes taxable.

Several countries offer a remittance basis to certain residents (historically the UK's non-dom regime, and systems in Malta, Ireland, and others), often with conditions or annual charges. Rules have been tightening — the UK abolished its non-dom remittance regime in April 2025 — so current details matter.

Why it matters for your move

For people with significant foreign income or savings, a remittance basis can be powerful — but it shapes how you'd actually structure your money, so it's worth understanding before choosing a base on tax grounds.

Related terms

Territorial taxationNon-dom (non-domiciled status)Tax residency

General information, not legal or tax advice. Rules change — verify current rules with official sources or a qualified professional before you act. Updated 2026-06.

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