tax exile
Revenue-dodging emigrant
A tax exile is a person who has left their home country and established residence elsewhere primarily to avoid or reduce taxes.
The term often implies wealth, since only those with significant assets benefit from relocating for tax purposes: He became a tax exile in Monaco after selling his company.
The phrase carries a faint whiff of disapproval—suggesting someone who has chosen money over patriotism.
Away from land
- shelteringProtecting from elements
- loopholeExploitable gap in rules
- evasionAct of escaping detection
- avoidanceDeliberate keeping away
minimization · planning · structuring · deferment · deductions · compliance · scheme · legal
Alpine republic, perpetually neutral
- MonacoTiny European nation
- Cayman IslandsCaribbean British overseas territory
- BermudaNorth Atlantic island group
- PanamaIsthmus nation with waterway
Jersey · Guernsey · Luxembourg · Dubai · Singapore · Liechtenstein · Bahamas · Isle of Man
One living abroad permanently
- emigrationLeaving homeland permanently
- relocationPermanent change of residence
- nonresidentOne dwelling elsewhere
- overseasIn foreign countries
abroad · departure · flee · escape · resettle · expat community · citizenship · naturalization
Person worth ten figures
- millionairePerson possessing great wealth
- fortuneWealth or destiny
- assetsOwned items of value
- tycoonDominant industrial leader
magnate · oligarch · affluence · trusts · inheritance · capital · investments · portfolio
Strong negative reaction
- ethicsStudy of right conduct
- moralityRight and wrong principles
- fairnessJust and equal treatment
- scrutinyClose, careful examination
criticism · outrage · condemnation · patriotism · responsibility · transparency · public opinion · debate
offshore
Away from land
- shelteringProtecting from elements
- loopholeExploitable gap in rules
- evasionAct of escaping detection
avoidance · minimization · planning · structuring · deferment · deductions · compliance · scheme · legal · lawful
Switzerland
Alpine republic, perpetually neutral
- MonacoTiny European nation
- Cayman IslandsCaribbean British overseas territory
- BermudaNorth Atlantic island group
Panama · Jersey · Guernsey · Luxembourg · Dubai · Singapore · Liechtenstein · Bahamas · Isle of Man · Andorra
expatriate
One living abroad permanently
- emigrationLeaving homeland permanently
- relocationPermanent change of residence
- nonresidentOne dwelling elsewhere
overseas · abroad · departure · flee · escape · resettle · expat community · citizenship · naturalization · economic migrant
billionaire
Person worth ten figures
- millionairePerson possessing great wealth
- fortuneWealth or destiny
- assetsOwned items of value
tycoon · magnate · oligarch · affluence · trusts · inheritance · capital · investments · portfolio · dividends
backlash
Strong negative reaction
scrutiny · criticism · outrage · condemnation · patriotism · responsibility · transparency · public opinion · debate · legality
- taxationVAT, withholding, deductions, deduction, taxpayers
- displaced peoplerefugee, displaced, IDPs, asylum seeker, displaced persons
- exilebanishment, banished, expulsion, deportation, deportee
- Americans in Canadaexpats, expatriates, expat community, dual citizenship, snowbirds
- British expats
tax exilepolitical refugee
Person fleeing governmental persecution
asylum seeker · war refugee · economic refugee · displaced person · exile
tax exilepolitical refugee
Person fleeing governmental persecution
repatriate · asylum seeker · war refugee · displaced person · returnee
tax, exile, taxes, taxed, taxing, taxation, taxable, taxman, taxpayer