The move is believed to be partly linked to tax considerations. Dubai is known for having no personal income tax, which has made it an attractive location for wealthy individuals seeking lower tax obligations.
Joshua’s business interests are estimated to be worth about 160 million dollars. Under the tax system in the United Kingdom, that level of wealth could attract millions of dollars in taxes.
Data from the Office for Budget Responsibility suggests that about 50,000 people mostly British citizens could leave the UK each year as part of a growing trend of wealthy individuals relocating abroad.
Statistics from the Office for National Statistics show that about 257,000 British citizens left the UK in the year ending December 2024.
Joshua, a two-time world heavyweight boxing champion, has family roots in Nigeria and also holds Nigerian citizenship.
