British boxer Anthony Joshua has surprised many by deciding to relocate from the United Kingdom to Dubai, amidst the ongoing tensions in the Middle East. The 36-year-old former heavyweight world champion, who hails from Watford with Nigerian roots, achieved Olympic gold in 2012 representing Great Britain. Reports from the Daily Mail confirm his shift to the UAE, as outlined in the documentation submitted for his £150 million business empire.
Despite the recent conflict involving the USA, Israel, and Iran, Joshua proceeded with his plan to change his residency status to Dubai. The region has faced attacks from Iranian missiles and drones over the past two weeks, prompting a significant exodus of over 100,000 British citizens back to the UK. Dubai’s favorable climate and amenities, coupled with its tax-free status, have attracted many affluent individuals, including Joshua, who would have faced substantial UK tax obligations on his earnings.
Joshua’s company, Sparta Promotions, reported significant profits and tax payments in the UK in recent years. His decision to move aligns with a trend of celebrities relocating to Dubai for various reasons, joining the likes of former boxer Amir Khan and actress Lindsay Lohan. The move comes amid a turbulent period in the region, with residents like Rio Ferdinand and Kate Ferdinand sharing their experiences of living in Dubai amidst the geopolitical tensions. Kate reassured followers of their safety amidst the uncertainties, emphasizing the authorities’ efforts to maintain security.
Joshua’s relocation underscores the allure of Dubai for high-profile individuals seeking a change in lifestyle and business opportunities, despite the volatile geopolitical climate in the Middle East.