- World champion Tyson Fury is considering moving to an offshore tax haven
- He went to see a £10,000-a-month mansion before Christmas last year.
- Fury is currently preparing for his rescheduled fight with Oleksandr Usyk
World heavyweight champion Tyson Fury is reportedly considering moving into a luxury mansion in a tax haven.
Fury currently lives in his hometown of Morecambe but is considering a change of scenery and went to look at a possible new home before Christmas.
The 34-year-old is interested in renting a place with his wife Paris and their seven children, and last year flew by helicopter to view a £10,000-a-month mansion, according to Mirror.
The mansion known as Billown Manor is located on the Isle of Man and has six double bedrooms with bathrooms, two independent two-bedroom apartments, swimming pool, gym and tennis court.
An estate agent’s listing praises Billown Manor as: “One of the most exclusive period houses on the Isle of Man.” Beautifully decorated, extremely private and located in a manicured park and next to the lake.’
Tyson Fury is reportedly considering a move to the luxury mansion known as Billown Manor (pictured) on the Isle of Man. Credit: Chrystals.co.im
Billown Manor has a swimming pool, gym and tennis court, as well as six en-suite bedrooms and two self-contained two-bedroom apartments. Credit: Chrystals.co.im
Billown Manor has plenty of outdoor space and could be an attractive option for Fury due to the Isle of Man’s generous tax breaks for the super-rich. Credit: Chrystals.co.im
Fury could move into the mansion with his wife Paris (left) and their seven children.
He 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 estate taxes, capital gains taxes or estate taxes, and only have to pay 20 percent personal income tax.
They can also limit their annual tax bill to £200,000 if they sign a five or ten year agreement to stay on the island.
However, in order to qualify for residency, they must live on the island for at least six months a year.
If Fury signs a long-term deal, he would only pay a small fraction of his estimated wealth (believed to be around £50m) in taxes.
Fury previously mulled the idea of moving to the Isle of Man and revealed he viewed a property ahead of his official After Party tour in 2022.
He said: ‘Last year I was thinking about buying a property on the Isle of Man.
“I was thinking about moving there. So I’ll do a good scouting and see what I can see. It’s only a few hours from Morecambe by ferry, right?”
Fury is one of the highest-paid boxers on the planet and was claimed to have earned £41million for his crossover fight with Francis Ngannou in October.
Fury earned £41m for his crossover fight with Francis Ngannou in October
He is now preparing to face Oleksandr Usyk in May after their fight was delayed when Fury suffered a cut in sparring.
He is set for another big payday on May 18, when he faces Oleksandr Usyk for the right to be called the undisputed world heavyweight champion.
The pair were due to meet tonight but their fight was postponed after Fury suffered a cut in sparring earlier this month.
Their fight has been rescheduled and both men have agreed to hand over £8 million if they pull out of the fight.
Fury has also talked about the possibility of facing fellow Briton Anthony Joshua and giving Ngannou a rematch, suggesting he could be in for more mouth-watering prizes in the future.