Viktor

Thank you for getting back to me. I clarified the question that I hope you can answer for me. Regarding the new FIG regime, I'm wondering about its applicability for someone who was a resident in the UK for 2 years within the last decade before the implementation of this regime but is currently not in the UK. Would they be eligible to utilize the FIG regime for 2 years upon their return to the UK, or would they need to wait until they've accumulated 10 years of non-residency? I've reviewed the policy paper you referenced, but I couldn't find a definitive answer to this specific question. Your expertise and guidance on this matter would be greatly appreciated. Thank you for taking the time, and I eagerly await your response.

I am writing to seek clarification on my potential eligibility for the 4-Year Foreign Income and Gains (FIG) regime which will be applicable from April 6, 2025. Given my history and planned residency status, I have specific questions regarding the eligibility criteria. Background: - I was never a UK resident until 2018. - I resided in the UK from 2018 through 2019. - I have been and plan to continue being a non-UK resident from 2020 until either 2024 or 2025. Given this context, I am considering two potential return years to the UK, and I would like to understand how each scenario would affect my eligibility for the FIG regime: 1. Returning in 2024: If I return to the UK in 2024 and become a tax resident again, will I be eligible for any portion of the FIG regime in 2025? 2. Returning in 2025: Alternatively, if I extend my non-residency through 2024 and return to become a UK tax resident in 2025, will I qualify for two years of the FIG regime, from 2025 to 2026?