Former heavyweight world champion Anthony Joshua has officially relocated his £150 million business empire from the United Kingdom to Dubai, marking a major shift in both his personal and professional base.
The British Nigerian boxing star confirmed in corporate filings that he is now a resident of the United Arab Emirates, where he will oversee his expanding business ventures.
Documents for two of Joshua’s companies, Sparta Promotions Limited and 258 Investments Limited, now list the UAE as his official country of residence, in line with regulatory requirements for company directors.
Dubai has increasingly attracted wealthy athletes and entrepreneurs due to its favourable tax regime, including zero personal income tax.
Joshua’s move comes after he declared dividend payments of £10.1 million in 2024 and £6.3 million in 2023, which would normally be liable for UK taxation.
Sparta Promotions recorded profits of £20.396 million in 2024, paying £6.65 million in UK corporate tax that year.
Joshua has maintained a long-standing connection with Dubai, often visiting for training camps, holidays, and brand promotions.
The city’s world-class sporting infrastructure has made it an appealing hub for international athletes.
His relocation places him alongside other high-profile British figures who have moved abroad, including Manchester United owner Jim Ratcliffe and easyJet founder Stelios Haji-Ioannou, both now based in Monaco.
Joshua’s uncle, Adedamola Joshua, confirmed that the move took place months ago. “He has already moved to Dubai.
He doesn’t need to inform us before making such a move, but I know he moved a while ago, talking of months back now,” he told Punch Newspapers.
Born in Watford to Nigerian parents, Joshua rose to global prominence after winning gold for Great Britain at the 2012 London Olympics, before becoming a two-time heavyweight world champion.
His relocation signals the end of an era in the UK as he shifts both his residence and business interests to the Middle East, despite regional security tensions linked to the broader Middle East conflicts.
