{"id":1317,"date":"2024-12-11T10:43:51","date_gmt":"2024-12-11T10:43:51","guid":{"rendered":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/"},"modified":"2024-12-12T14:09:19","modified_gmt":"2024-12-12T14:09:19","slug":"the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance","status":"publish","type":"post","link":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/","title":{"rendered":"The end of UK resident non-doms and the benefits of life insurance"},"content":{"rendered":"<section class=\"text-block standard-spacing  \">    <div class=\"container fade-in\">\n        <p><em>By Alex Dean, Head of Family Office, Europe and Middle East at IQ-EQ, and Rob May, Director, Private Office, Life Insurance and Inheritance Tax Planning at <a href=\"https:\/\/www.spf.co.uk\/\">SPF Private Clients<\/a><\/em><\/p>\n<p>Following the announcement of the Autumn Budget on 30 October 2024, the UK\u2019s tax regime for non-UK domiciled individuals and their non-UK trust structures will change from 6 April 2025 and be replaced by a new regime based on residence rather than domicile.<\/p>\n<p>Most of what was confirmed in the Budget regarding UK res non-doms had been expected, but there were also a few tweaks, some of which will be welcomed by those impacted.<\/p>\n<p>Importantly, the proposals do still remain in draft form, so there could be some further changes before the laws come into force.<\/p>\n<h2>The key changes regarding Inheritance Tax<\/h2>\n<p>Following is a summary of the headline changes from an Inheritance Tax (IHT) perspective:<\/p>\n<ul>\n<li>Individuals that have been UK tax resident for at least 10 tax years will now be classed as a Long-Term Resident (LTR). Once an individual becomes LTR, their non-UK assets will be brought within the scope of IHT<\/li>\n<li>Once an LTR leaves the UK, they will also have an IHT exposure, or \u2018tail\u2019, which will range between three and 10 years, dependent on how long they have been UK tax resident, and subject to any double tax treaties that may apply<\/li>\n<li>For non-UK trusts set up prior to 30 October 2024, when the settlor becomes LTR, the trust will be brought within the scope of the UK\u2019s Relevant Property Regime. This could mean the trust assets are subject to IHT charges up to 6% on every 10<sup>th<\/sup> anniversary of the trust, when assets are distributed from the trust, and when settlor leaves the UK. Furthermore, if the settlor passes away whilst they are LTR, the trust will remain within this regime<\/li>\n<li>Non-UK trusts set up after 30 October 2024 will be subject to the same regime as non-UK trusts set up prior to 30 October 2024, but with one additional caveat. If the settlor retains a benefit in the trust, the assets in the trust will also be exposed to IHT in the event of their passing<\/li>\n<\/ul>\n<h2>An alternative solution: life insurance<\/h2>\n<p>Considering these incoming changes, it is important for impacted individuals to seek advice and explore alternative planning options or solutions that may be available to them. One such solution is life insurance.<\/p>\n<p>There are various forms of life insurance available to clients, but they can be broadly broken down into two main categories:<\/p>\n<ul>\n<li>Policies that <u>do not<\/u> have a surrender value, or \u2018pure risk\u2019 life insurance<\/li>\n<li>Policies that <u>do<\/u> have a surrender value, or \u2018cash value\u2019 life insurance<\/li>\n<\/ul>\n<p>Whilst there are significant differences between different life insurance solutions around the world, they are all designed to provide a sum to beneficiaries following the passing of the life or lives insured. \u00a0This sum can then be used by the beneficiaries in whichever way they may need; for example, to pay IHT liabilities.<\/p>\n<p>In the context of the UK\u2019s incoming changes, it is important to note that policies can be set up to fund liabilities that may arise on an individual\u2019s estate, on a lifetime gift they make, or both. Policies can be set up for an individual or a married couple, with the policy length set to last for a specific term or whole of life. The cover amount can be fixed, in which case the premium can be guaranteed whilst the policy remains in place. Alternatively, with some products, it may be possible for the cover amount to be set up to increase, to help mitigate against a future growth in asset values.<\/p>\n<p>Most importantly, if an individual\u2019s circumstances or IHT legislation changes, the policy can be adjusted. For example, the cover amount under the policy can be reduced, or the policy can be cancelled at any time.<\/p>\n<p>Once set up, it may also be necessary for policies to be settled in a trust, to ensure that the sum paid out following the passing of the life or lives insured can be accessed quickly, and to ensure that no tax arises on the sum when it is paid out. This is a straightforward process to undertake, and most insurance companies will provide their own trust deeds that can be used without charge. Alternatively, individuals may opt for their lawyer to draft a trust deed.<\/p>\n<p>The following case studies from SPF Private Clients highlight some real-life examples of how pure risk life insurance solutions can be used to protect IHT exposures. However, for clients who prefer life insurance that can also build up an underlying value over time, cash value life insurance solutions may be deployed instead.\u00a0 These solutions tend to be most attractive for clients residing in Africa, the Middle East, Asia and the United States. In addition to providing a sum in the event of the life\/lives assured passing, these solutions also allow the policy to be \u2018cashed in\u2019, thus providing additional flexibility in the event of a change in circumstances.<\/p>\n            <\/div>\n<\/section>\n\n<section class=\"accordion standard-spacing\">\n    <div class=\"container\">\n                    <div class=\"accordion\">\n                                    <div class=\"accordion-item open\">\n                        <div class=\"title\">\n                            <p>Case study #1: Max and Laura live in the UK with their children but expect to leave<\/p>\n                            <div class=\"toggle\"><\/div>\n                        <\/div>\n                        <div class=\"expanded\">\n                            <div class=\"inner\">\n                                <p>Max, aged 53, and Laura, aged 45, currently live in the UK with their children. Max has assets with a net value of \u00a325 million that are exposed to Inheritance Tax. Max and Laura wish to remain in the UK for the foreseeable future to allow their children to complete their education, but ultimately expect to leave the UK. In the meantime, they are concerned about the ongoing IHT exposure.<\/p>\n<p>As Max\u2019s assets will pass to Laura on his death, an IHT liability will only arise should both Max and Laura die. Ignoring their nil rate band allowances, based on current values, the IHT liability will be \u00a310 million (40% of \u00a325 million).<\/p>\n<p>SPF advised Max and Laura on the set-up of a joint insurance policy to protect the IHT liability that will arise should both Max and Laura die, with the following outcome achieved:<\/p>\n<div class=\"table-wrapper\"><table style=\"border-collapse: collapse;width: 100%\">\n<tbody>\n<tr>\n<td class=\"purple-text\" style=\"width: 370px\"><strong>Policy term<\/strong><\/td>\n<td class=\"purple-text\" style=\"width: 370px\"><strong>Cover amount<\/strong><\/td>\n<td class=\"purple-text\" style=\"width: 370px\"><strong>Annual premium<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 370px\">35 years<\/td>\n<td style=\"width: 370px\">\u00a310,000,000<\/td>\n<td style=\"width: 370px\">\u00a316,706<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"accordion-item\">\n                        <div class=\"title\">\n                            <p>Case study #2: Costas and Marie currently live in Switzerland but own UK real estate<\/p>\n                            <div class=\"toggle\"><\/div>\n                        <\/div>\n                        <div class=\"expanded\">\n                            <div class=\"inner\">\n                                <p>Costas, aged 75, and Marie, aged 69, currently live in Switzerland. They own a UK residential property that they are jointly gifting to their daughter.<\/p>\n<p>The value of the property at the time of gifting is \u00a39.75 million. As such, Costas and Marie will each be deemed to have made a gift of \u00a34.875 million. As the gift amount by each of them will exceed their nil rate band allowance, an IHT liability will arise should either of them die within seven years of the gift. The exposure for each of them is \u00a31.82 million for the first three years following the gift and will reduce in line with taper relief each year thereafter.<\/p>\n<p>SPF advised Costas and Marie on the set-up of two separate insurance policies to protect the IHT liability that will arise should either of their deaths arise within seven years of the gift to their daughter, with the following outcome achieved:<\/p>\n<h4>For Costas<\/h4>\n<div class=\"table-wrapper\"><table style=\"border-collapse: collapse;width: 100%;height: 252px\">\n<tbody>\n<tr style=\"height: 28px\">\n<td class=\"purple-text\" style=\"width: 33.3033%;height: 28px\"><strong>Policy term<\/strong><\/td>\n<td class=\"purple-text\" style=\"width: 33.3033%;height: 28px\"><strong>Cover amount<\/strong><\/td>\n<td class=\"purple-text\" style=\"width: 33.3033%;height: 28px\"><strong>Annual premium<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 1<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a31,820,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a325,051<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 2<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a31,820,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a325,051<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 3<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a31,820,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a325,051<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 4<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a31,456,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a320,433<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 5<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a31,092,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a315,814<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 6<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a3728,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a311,195<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 7<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a3364,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a35,924<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\"><\/td>\n<td style=\"width: 33.3033%;text-align: right;height: 28px\"><strong>Total premiums payable:<\/strong><\/td>\n<td style=\"width: 33.3033%;height: 28px\">\u00a3128,519<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<h4>For Marie<\/h4>\n<div class=\"table-wrapper\"><table style=\"border-collapse: collapse;width: 100%;height: 252px\">\n<tbody>\n<tr style=\"height: 28px\">\n<td class=\"purple-text\" style=\"width: 33.3033%;height: 28px\"><strong>Policy term<\/strong><\/td>\n<td class=\"purple-text\" style=\"width: 33.3033%;height: 28px\"><strong>Cover amount<\/strong><\/td>\n<td class=\"purple-text\" style=\"width: 33.3033%;height: 28px\"><strong>Annual premium<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 1<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"76\">\u00a31,820,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"85\">\u00a311,849<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 2<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"76\">\u00a31,820,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"85\">\u00a311,849<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 3<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"76\">\u00a31,820,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"85\">\u00a311,849<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 4<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"76\">\u00a31,456,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"85\">\u00a39,601<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 5<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"76\">\u00a31,092,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"85\">\u00a37,353<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 6<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"76\">\u00a3728,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"85\">\u00a35,105<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\">Year 7<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"76\">\u00a3364,000<\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"85\">\u00a32,654<\/td>\n<\/tr>\n<tr style=\"height: 28px\">\n<td style=\"width: 33.3033%;height: 28px\"><\/td>\n<td style=\"width: 33.3033%;text-align: right;height: 28px\"><strong>Total premiums payable:<\/strong><\/td>\n<td style=\"width: 33.3033%;height: 28px\" width=\"85\">\u00a360,260<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>As the IHT exposure on the gifts from Costas and Marie will reduce over the seven years in line with taper relief, the cover amount of \u00a31.82 million for each policy was set up to reduce over the policy term to match the reducing tax exposure, and the annual premium will also reduce accordingly.<\/p>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"accordion-item\">\n                        <div class=\"title\">\n                            <p>Case study #3: Cedric is deemed UK domiciled but his wife, Tatiana, is not<\/p>\n                            <div class=\"toggle\"><\/div>\n                        <\/div>\n                        <div class=\"expanded\">\n                            <div class=\"inner\">\n                                <p>Cedric, aged 44, currently lives in the UK with his wife, Tatiana, and their children. Cedric is deemed UK domiciled and has assets with a net value of \u00a350 million that are exposed to IHT. Cedric and Tatiana wish to remain in the UK for the foreseeable future, but ultimately expect to leave the UK. In the meantime, they are concerned about the ongoing IHT exposure.<\/p>\n<p>Although Cedric\u2019s assets will pass to Tatiana on his death, Tatiana is non-UK domiciled which means an IHT liability could arise on Cedric\u2019s sole death. Ignoring Cedric\u2019s nil rate band allowance, based on current values, the IHT liability will be \u00a320 million (40% of \u00a350 million).<\/p>\n<p>SPF advised Cedric on the set-up of an insurance policy to protect the IHT liability that will arise should he die, with the following outcome achieved:<\/p>\n<div class=\"table-wrapper\"><table style=\"border-collapse: collapse;width: 100%\">\n<tbody>\n<tr>\n<td class=\"purple-text\" style=\"width: 370px\"><strong>Policy term<\/strong><\/td>\n<td class=\"purple-text\" style=\"width: 370px\"><strong>Cover amount<\/strong><\/td>\n<td class=\"purple-text\" style=\"width: 370px\"><strong>Annual premium<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 370px\">20 years<\/td>\n<td style=\"width: 370px\">\u00a320,000,000<\/td>\n<td style=\"width: 370px\">\u00a319,222<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>The cover amount and premium for Cedric\u2019s policy are guaranteed for the full policy term. Should he and Tatiana move from the UK, and the exposure to IHT be removed prior to the end of the policy, Cedric could still retain the policy, to provide a legacy solution should he die within the policy term. Alternatively, he can cancel the policy prior to the end of the policy term.<\/p>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                            <\/div>\n            <\/div>\n<\/section>\n\n<section class=\"text-block standard-spacing  \">    <div class=\"container fade-in\">\n        <h2>Don\u2019t act without advice<\/h2>\n<p>When considering life insurance solutions, it is important to take advice from a qualified life insurance professional. It is also important for life insurance professionals to work with your other professional advisers, such as your accountant, lawyer or wealth manager, to ensure that any solutions being considered are appropriate to your wider planning.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<h4><strong>About the authors<\/strong><\/h4>\n<p><strong>Alex Dean<\/strong> is IQ-EQ\u2019s Head of Family Office for Europe and the Middle East, based in London. He\u2019s an experienced industry professional with a demonstrated history of working in the investment management and private wealth industry. He has specialist knowledge in investment management, banking, and trust and estate management.<\/p>\n<p><a href=\"mailto:rmay@spf.co.uk\"><strong>Rob May<\/strong><\/a> is a leading international life insurance adviser and qualified trust and estate practitioner (TEP). He acts for high-net-worth individuals, trustees and businesses based in the UK and internationally. He has more than 10 years&#8217; experience in the high-value life insurance space, including as a director at John Jamb and at Risk Assured. He now leads the Private Office life insurance proposition within <a href=\"https:\/\/www.spf.co.uk\/\">SPF Private Clients<\/a>.<\/p>\n<p>SPF Private Clients Limited is authorised and regulated by the Financial Conduct Authority (FCA). The FCA does not regulate taxation advice. Registered Office: 33 Gracechurch Street, London, EC3V 0BT. Registered in England No. 3680970.<\/p>\n            <\/div>\n<\/section>\n\n    <section class=\"related-section related-section--people related-section--centered standard-spacing\">\n        <div class=\"container\">\n                            <h2>Key IQ-EQ contact<\/h2>\n                        <div class=\"cards row-load\">\n                            <\/div>\n            <div class=\"button-wrapper\">\n                            <\/div>\n        <\/div>\n    <\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":1318,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[],"expertise":[11],"service_category":[260,392],"class_list":["post-1317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The end of UK resident non-doms and the benefits of life insurance | IQ-EQ UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The end of UK resident non-doms and the benefits of life insurance | IQ-EQ UK\" \/>\n<meta property=\"og:url\" content=\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/\" \/>\n<meta property=\"og:site_name\" content=\"IQ-EQ UK\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-11T10:43:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-12T14:09:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2024\/12\/richard-sagredo-qSi9T3eN8hY-unsplash-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1703\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"sarahwisbey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"sarahwisbey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/\"},\"author\":{\"name\":\"sarahwisbey\",\"@id\":\"https:\/\/iqeq.com\/gb\/#\/schema\/person\/9aa8f6cc3e35133ea0a4f698859dec18\"},\"headline\":\"The end of UK resident non-doms and the benefits of life insurance\",\"datePublished\":\"2024-12-11T10:43:51+00:00\",\"dateModified\":\"2024-12-12T14:09:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/\"},\"wordCount\":12,\"image\":{\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2024\/12\/richard-sagredo-qSi9T3eN8hY-unsplash-scaled.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/\",\"url\":\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/\",\"name\":\"The end of UK resident non-doms and the benefits of life insurance | IQ-EQ UK\",\"isPartOf\":{\"@id\":\"https:\/\/iqeq.com\/gb\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2024\/12\/richard-sagredo-qSi9T3eN8hY-unsplash-scaled.jpg\",\"datePublished\":\"2024-12-11T10:43:51+00:00\",\"dateModified\":\"2024-12-12T14:09:19+00:00\",\"author\":{\"@id\":\"https:\/\/iqeq.com\/gb\/#\/schema\/person\/9aa8f6cc3e35133ea0a4f698859dec18\"},\"breadcrumb\":{\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#primaryimage\",\"url\":\"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2024\/12\/richard-sagredo-qSi9T3eN8hY-unsplash-scaled.jpg\",\"contentUrl\":\"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2024\/12\/richard-sagredo-qSi9T3eN8hY-unsplash-scaled.jpg\",\"width\":2560,\"height\":1703,\"caption\":\"Man and woman sitting on the beach, raising a glass\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/iqeq.com\/gb\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The end of UK resident non-doms and the benefits of life insurance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/iqeq.com\/gb\/#website\",\"url\":\"https:\/\/iqeq.com\/gb\/\",\"name\":\"IQ-EQ UK\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/iqeq.com\/gb\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/iqeq.com\/gb\/#\/schema\/person\/9aa8f6cc3e35133ea0a4f698859dec18\",\"name\":\"sarahwisbey\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/iqeq.com\/gb\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/13f5b1c5df35da3d9898f27de98f394a1b28ec8fdcbb4fa4f43502b1b4e8aed4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/13f5b1c5df35da3d9898f27de98f394a1b28ec8fdcbb4fa4f43502b1b4e8aed4?s=96&d=mm&r=g\",\"caption\":\"sarahwisbey\"},\"url\":\"https:\/\/iqeq.com\/gb\/insights\/author\/sarahwisbey\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The end of UK resident non-doms and the benefits of life insurance | IQ-EQ UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/","og_locale":"en_US","og_type":"article","og_title":"The end of UK resident non-doms and the benefits of life insurance | IQ-EQ UK","og_url":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/","og_site_name":"IQ-EQ UK","article_published_time":"2024-12-11T10:43:51+00:00","article_modified_time":"2024-12-12T14:09:19+00:00","og_image":[{"width":2560,"height":1703,"url":"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2024\/12\/richard-sagredo-qSi9T3eN8hY-unsplash-scaled.jpg","type":"image\/jpeg"}],"author":"sarahwisbey","twitter_card":"summary_large_image","twitter_misc":{"Written by":"sarahwisbey","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#article","isPartOf":{"@id":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/"},"author":{"name":"sarahwisbey","@id":"https:\/\/iqeq.com\/gb\/#\/schema\/person\/9aa8f6cc3e35133ea0a4f698859dec18"},"headline":"The end of UK resident non-doms and the benefits of life insurance","datePublished":"2024-12-11T10:43:51+00:00","dateModified":"2024-12-12T14:09:19+00:00","mainEntityOfPage":{"@id":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/"},"wordCount":12,"image":{"@id":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#primaryimage"},"thumbnailUrl":"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2024\/12\/richard-sagredo-qSi9T3eN8hY-unsplash-scaled.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/","url":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/","name":"The end of UK resident non-doms and the benefits of life insurance | IQ-EQ UK","isPartOf":{"@id":"https:\/\/iqeq.com\/gb\/#website"},"primaryImageOfPage":{"@id":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#primaryimage"},"image":{"@id":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#primaryimage"},"thumbnailUrl":"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2024\/12\/richard-sagredo-qSi9T3eN8hY-unsplash-scaled.jpg","datePublished":"2024-12-11T10:43:51+00:00","dateModified":"2024-12-12T14:09:19+00:00","author":{"@id":"https:\/\/iqeq.com\/gb\/#\/schema\/person\/9aa8f6cc3e35133ea0a4f698859dec18"},"breadcrumb":{"@id":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#primaryimage","url":"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2024\/12\/richard-sagredo-qSi9T3eN8hY-unsplash-scaled.jpg","contentUrl":"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2024\/12\/richard-sagredo-qSi9T3eN8hY-unsplash-scaled.jpg","width":2560,"height":1703,"caption":"Man and woman sitting on the beach, raising a glass"},{"@type":"BreadcrumbList","@id":"https:\/\/iqeq.com\/gb\/insights\/the-end-of-uk-resident-non-doms-and-the-benefits-of-life-insurance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/iqeq.com\/gb\/"},{"@type":"ListItem","position":2,"name":"The end of UK resident non-doms and the benefits of life insurance"}]},{"@type":"WebSite","@id":"https:\/\/iqeq.com\/gb\/#website","url":"https:\/\/iqeq.com\/gb\/","name":"IQ-EQ UK","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/iqeq.com\/gb\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/iqeq.com\/gb\/#\/schema\/person\/9aa8f6cc3e35133ea0a4f698859dec18","name":"sarahwisbey","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/iqeq.com\/gb\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/13f5b1c5df35da3d9898f27de98f394a1b28ec8fdcbb4fa4f43502b1b4e8aed4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/13f5b1c5df35da3d9898f27de98f394a1b28ec8fdcbb4fa4f43502b1b4e8aed4?s=96&d=mm&r=g","caption":"sarahwisbey"},"url":"https:\/\/iqeq.com\/gb\/insights\/author\/sarahwisbey\/"}]}},"_links":{"self":[{"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/posts\/1317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/comments?post=1317"}],"version-history":[{"count":2,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/posts\/1317\/revisions"}],"predecessor-version":[{"id":1324,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/posts\/1317\/revisions\/1324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/media\/1318"}],"wp:attachment":[{"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/media?parent=1317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/categories?post=1317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/tags?post=1317"},{"taxonomy":"expertise","embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/expertise?post=1317"},{"taxonomy":"service_category","embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/service_category?post=1317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}