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flag Tyson Fury and family moved to the Isle of Man for lower taxes, citing its 21% income tax and no inheritance tax.

Tyson Fury and his family have officially moved to the Isle of Man, with documents confirming his new residence. The 37-year-old boxer, along with wife Paris and seven children, is believed to live in an £8 million home near Douglas. The shift follows the UK’s recent budget, with the Isle of Man’s lower 21% income tax rate and absence of inheritance tax cited as potential factors. Fury, earning over £125,140 annually and facing a 45% effective tax rate in the UK, has updated his legal residence through Companies House filings. His wife has also amended her business records. The boxer, worth an estimated £160 million, has not publicly commented on the move, which adds to the island’s appeal for high-net-worth individuals seeking tax advantages.

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