If you legally own it, you can legally be held accountable and taxed on it πŸ˜‚

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That's not my reading of it but I know what you mean. It's just an asset though and is obviously liable for CGT should you sell it. I don't see what other tax law it could or would fall under. Unless of course, they make up a new one and if they do, I'll be moving to The Cayman IslandsπŸ˜¬πŸ˜‚.

Barbados is quite nice πŸ˜‚

Never been, but yes, that's certainly on the "I'll have a look, list"πŸ˜¬πŸ˜‚.