Definition of tax exile in English:

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tax exile

Pronunciation:

noun

1A person with a high income or considerable wealth who chooses to live in a country or area with low tax rates: he lived for a time as a tax exile in Jersey
More example sentences
  • O'Brien chose to live as a tax exile in Portugal following the sale of Esat to BT.
  • Yesterday, it emerged that the 37-year-old, who has homes in Edinburgh and Perthshire, could become literature's first billionaire within five years if she chose to live abroad as a tax exile.
  • Mr O'Brien, now a tax exile living in the Algarve, went on to sell the licence for 2.4bn, having bought it for 19m.
1.1The state of living in a particular country in order to pay a low tax rate: the singer was living in tax exile he left France in 2012 to seek tax exile in Belgium
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