Anthony Joshua has surprised many by announcing his decision to relocate from the United Kingdom to Dubai, despite the ongoing tensions in the United Arab Emirates due to the US-Iran conflict. The 36-year-old former heavyweight world champion, born in Watford with Nigerian roots, achieved Olympic gold for Great Britain in 2012. Reports from the Daily Mail confirm that Joshua is making this bold move as he establishes his £150 million business empire, necessitating a declaration of his new country of residence.
Despite the recent hostilities involving the USA, Israel, and Iran, Joshua has proceeded with his plans to change his residency status to Dubai. The UAE has faced missile and drone attacks from Iran over the past couple of weeks, prompting over 100,000 Britons to seek repatriation to the UK from the Middle East.
Dubai’s enticing lifestyle and tax benefits are major attractions for individuals like Joshua looking to call the city home. Notably, Dubai’s lack of income tax appeals to the affluent, offering financial advantages that differ from the tax liabilities Joshua would have faced in the UK on his substantial earnings.
Joshua’s company, Sparta Promotions, displayed impressive profits and tax contributions in recent years, underlining his financial success and the substantial sums involved. His decision to relocate coincides with similar moves by celebrities like Rio Ferdinand and Kate Ferdinand, who have shared their experiences of living in Dubai amidst the backdrop of the US-Iran conflict.
With a growing list of high-profile figures choosing Dubai as their new home, including ex-boxer Amir Khan and Hollywood actress Lindsey Lohan, Joshua’s transition to the city aligns with a trend of celebrities seeking the city’s allure and advantages.
