Trust&Wealth (Bespoke Professional Solutions)

Trust & Wealth aims to provide a comprehensive and complete range of services in order to meet the needs of those who require bespoke solutions for their wealth. We've developed an innovative, non-financial multifamily office platform, to ensure an effective and efficient implementation of our client’s strategies. Take a look for yourself. #trustandwealth #familybusiness #wealthplanning #bespokesolutions Belluzzo International Partners

In response to the recent announcement in the Spring Budget 2024 regarding the abolishment of the non-domiciled (non- dom) UK tax regime, Belluzzo International Partners Trust&Wealth (Bespoke Professional Solutions) acknowledges the significant impact this change may have on international wealth management and estate planning strategies. As a multidisciplinary firm providing comprehensive legal, tax compliance, immigration, relocation, and trust services, we are well-positioned to guide our clients through these changes. The abolishment of the non-dom regime represents a pivot towards a more uniform tax system, requiring individuals previously classified as non-domiciled to be taxed on their global income, rather than just the income remitted to the UK. This shift may necessitate a revaluation of wealth management strategies for affected individuals. With offices in #italy ,#Switzerland, #Singapore, the #unitedkingdom, and now the #UAE, #Dubai, offers tailored solutions to navigate the complexities of this new tax landscape. We highlight the Italian Not Dom Regime ( https://lnkd.in/ei-Hg3Vu team/relocation-immigration ) as a particularly appealing alternative, allowing new residents to pay a flat tax on foreign income, while the DTTs are available by the virtue of paying the forfeit. Our UAE offices are ready to support individuals seeking to benefit from the UAE's advantageous tax policies, both locally and globally, through available Double Taxation Treaties (DTTs). By demonstrating full residency in the UAE, which includes staying for at least 90 days and relocating business interests, individuals can obtain a tax residency certificate from the authorities, confirming their eligibility for these favourable tax conditions. We understand that the decision to relocate involves considerations beyond tax implications, including lifestyle and business environment We understand the importance of a multidisciplinary approach to estate planning, ensuring that any move aligns with our clients' broader financial and personal goals. For more detailed information on the Spring Budget 2024's policy, please refer to the official government publication: Spring Budget 2024 - Non-UK Domiciled Individuals Policy Summary. At Belluzzo International Partners and Trust & Wealth, we are committed to providing our clients with the expertise and support necessary to adapt to these changes confidently and strategically.

We are proud to announce that our new Dubai office was opened on the 24th of February. We marked this important milestone by hosting a presentation and reception at the Jumeirah Creekside Hotel during WTA 1000 and ATP Tour 500 in Dubai. Our positioning in the UAE is a great achievement for Belluzzo International Partners Trust&Wealth (Bespoke Professional Solutions) This is another step in our commitment to expand our global footprint and Dubai continues to consolidate its position as a hub for professional sportspeople seeking unparalleled opportunities. #uae #wealthplanning #sport #tennis