domicile

For wealthy individuals, this presents the opportunity for significant - and entirely legal - savings, if they nominate a lower-tax country as their domicile.

"Non-dom" describes a UK resident whose permanent home - or domicile - for tax purposes is outside the UK.

"Non-dom" describes a UK resident whose permanent home - or domicile - for tax purposes is outside the UK.

For wealthy individuals, this presents the opportunity for significant - and entirely legal - savings, if they state a lower-tax country as their domicile.

His wife was revealed as a non-dom - a UK resident whose permanent home, or domicile, for tax purposes is outside the UK - and was believed to have saved millions by avoiding paying British taxes on her overseas income.