British boxing champion Anthony Joshua has surprised many by announcing his decision to relocate from the United Kingdom to Dubai, despite the ongoing tensions in the region due to the conflict between the USA and Iran. Joshua, 36, who hails from Watford with Nigerian roots and clinched gold at the 2012 London Olympics, has officially stated his intention to become a resident of the UAE. This move was disclosed through paperwork filed for his £150 million business empire, where he had to declare his country of residence.
Even amidst the recent military actions involving the USA, Israel, and Iran, Joshua proceeded with his plan to change his residency status. The UAE has faced missile and drone attacks from Iran over the past couple of weeks, leading to a significant number of British citizens, including over 100,000 individuals, attempting to leave the Middle Eastern country and return to the UK for safety.
Dubai’s attractive climate and amenities serve as major attractions for individuals seeking to live in the city, especially since it offers a tax-free environment. Joshua’s financial affairs reveal that he would have been subject to UK taxes on his substantial earnings and profits generated by his company, Sparta Promotions.
This decision by Joshua coincides with similar actions taken by former footballer Rio Ferdinand and his wife Kate Ferdinand, who recently shared their experiences of living in Dubai amidst the ongoing tensions between the US and Iran. Despite the challenging circumstances, the couple reassured their followers about their safety and the efforts made by the authorities to maintain a secure environment.
Joshua is now poised to join a growing list of celebrities, including former boxer Amir Khan and Hollywood actress Lindsey Lohan, who have chosen to make Dubai their new home.