Peterborough-headquartered JSM has launched a private wealth operation in the UAE with a presence in Dubai.
The firm said the move is to “facilitate the increasing demand by wealthy individuals and high net worth individuals in international tax planning”.
The aim of the service is to work with UK resident entrepreneurs and assist them with relocating to “tax-favourable” jurisdictions, JSM added.
The office will be headed up by chief executive and founder of JSM, Joshua Tharby, and three international team members. The firm said it is looking to recruit more professionals for the international arm.
Shift focus
Tharby told International Adviser: “JSM was founded in 2018 and has now grown to a specialist team of seven with our head office in Peterborough.
“Our primary focus has been advising on specialist real estate and property tax matters however, over time, our focus has shifted into international tax planning and advisory.
“The aim of the international arm is to attract clients looking for a tax efficient international lifestyle with Dubai being a great example of a country that allows for this.
“We will be offering a full service for wealthy entrepreneurs looking to cut/reduce ties with the UK, advising on matters such as best countries of choice, passport and visa applications, corporate residency, and more.
“In time, we will be opening a location in the Cayman Islands.”
