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Anthony Joshua trades UK for Dubai residency amid regional tensions

Zoyols

In a surprising turn of events, former heavyweight world champion Anthony Joshua has officially decided to relocate from the United Kingdom to Dubai. The 36-year-old boxing star, who famously won gold for Great Britain at the 2012 London Olympics, confirmed his move to the United Arab Emirates through recent business filings. This decision marks a significant departure for the Watford-born athlete of Nigerian heritage, who has long been a prominent figure in the British sporting landscape.

The move was revealed in legal paperwork filed on Friday regarding Joshua’s extensive business empire, valued at approximately £150 million. Under current regulations, the boxer was required to update his residential status, confirming his transition to the UAE. The timing of the move has raised eyebrows among observers, as the region has recently faced heightened security concerns due to the ongoing conflict involving the US, Israel, and Iran.

Despite the recent reports of drone and missile activity in the Gulf, which has prompted thousands of expatriates to consider returning home, Joshua appears committed to his new residency. While the high-end facilities and warm climate are often cited as major attractions for global stars moving to Dubai, the financial benefits are equally hard to ignore. Reports notes that the UAE’s lack of income tax offers a stark contrast to the United Kingdom, where Joshua has contributed millions in taxes over the years.

Records show that Joshua’s business interests, including his company Sparta Promotions, have been highly lucrative. In 2024 alone, his company reported profits exceeding £20 million and paid over £6.6 million in UK taxes. By shifting his residency, the heavyweight star stands to retain a much larger portion of his future earnings and dividends. As he embarks on this new chapter in the Middle East, fans and analysts alike will be watching to see how this change of scenery impacts the final stages of his illustrious career.

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