World heavyweight champion Tyson Fury is reportedly eyeing a move to a luxury mansion on an offshore tax haven.
Fury currently lives in his hometown of Morecambe, but is considering a change of scenery and went to view a potential new home before Christmas.
The 34-year-old is interested in renting a place with his wife Paris and their seven children, and went via helicopter to look at a £10,000-a-month mansion last year, according to The Mirror.
The mansion known as Billown Manor is located on the Isle of Man, and has six double ensuite bedrooms, two self-contained two-bedroom flats, a swimming pool, gym and tennis court.
An estate agent’s listing hails Billown Manor as: ‘One of the Isle of Man’s most exclusive period homes. Beautifully appointed, extremely private and set in a manicured parkland and lakeside setting.’
It could also be an attractive prospect for Fury due to the Isle of Man’s generous tax breaks for the super-rich.
Residents do not have to pay wealth taxes, capital gains taxes or estate taxes, and only have to pay 20 per cent for personal income tax.
They can also have their annual tax bill capped at £200,000 if they sign a five or 10-year deal to stay on the island.
However, in order to qualify for residency, they must live on the island for at least six months of the year.
Should Fury pen a long-term deal, he would only be paying a small fraction of his estimated wealth – believed to be around £50m – in taxes.
