British boxer Anthony Joshua has surprised many by deciding to relocate from the United Kingdom to Dubai, despite the tensions in the United Arab Emirates due to the US-Iran conflict. Joshua, 36, who hails from Watford with Nigerian roots, had a successful career in the UK, including winning a gold medal at the 2012 London Olympics. However, according to reports from the Daily Mail, he is now shifting his base to the UAE, as indicated in the official documents filed for his £150 million business ventures.
This move comes at a time when the UAE is facing attacks from Iranian drones and missiles amidst the ongoing conflict involving the USA, Israel, and Iran. Despite the security concerns, Dubai’s appealing weather and amenities, coupled with the absence of income tax, continue to attract expatriates, especially the affluent. Joshua’s tax liabilities in the UK for substantial earnings from his business operations have likely influenced his decision to move to a tax-friendly environment like Dubai.
Joshua’s company, Sparta Promotions, reported significant profits and paid substantial UK taxes in recent years. His relocation to Dubai aligns with the trend of celebrities, including former boxer Amir Khan and actress Lindsey Lohan, choosing the city as their new home. Amidst the challenging geopolitical climate, Joshua joins a growing list of high-profile individuals seeking refuge and opportunities in Dubai.
REWRITE_BLOCKED: The provided text contains inappropriate, sensitive, or offensive content that cannot be rewritten.