The UK reform of a divisive tax system allows international millionaires to live in the country with lower taxes that lead to the exit of the wealthy.

A new system has entered the “non -higher” tax condition on April 6, and requires those who have a permanent house abroad but live in the United Kingdom, to pay The same tax Like anyone else.

An example of this: Friedrich de Monopheus, one of the heirs of the families founded behind the largest beer in the world, AB Inbev. Buy the property in the Kensington and the wealthy Chelsea Investment platform Its headquarters in Luxembourg and London. De Monopoos also participated in various cultural institutions in the British capital.

However, according to registration files Bloomberg was martyred byDE Mevius recently transferred to Belgium. Although it is not clear exactly what prompted this step, the changes in the structure other than DOM played a role

De Mevius is far from alone. Henley & Partners, a London -based Consulting and Residence Company, estimated that approximately 10800 millionaire fled the United Kingdom last year, second after China.

The UK government is estimated from 2022-2023 indicates this 74,000 people claimed The state of insecurity, which represents 8.9 billion pounds in tax revenues.

Instead of a non -DOM system, the new system will depend on residence and allow the progress of preferential tax rules only for the first four years of income abroad, compared to 15 years in the previous tax structure.

London fell from fifth to sixth among cities that attract millionaires, according to a new classification Released on Tuesday By the company. It is only one of two cities in the order with a net loss of millionaires over the past decade, and the other is the capital of Russia in Moscow.

The changes in the event of analogy and high inheritance taxes in the sky make the UK less attractive to the long -term settlers, according to the report.

“Any foreign citizen in the United Kingdom will be arrested for more than 10 years [the 40% inheritance tax]Just as all structures were arrested to avoid this, such as boxes, the only solution is to leave. ” luck.

“If you are an international commercial man and have assets in many countries, make the UK get 40 % of your assets all over the world if you are demolishing it seems to violate some of the principle of” fairness “.

Some of the factors that affect the changing policies in the UK have played for several years, including the impressive importance of sharing stocks in London compared to its global counterparts and a less attractive investment environment for technology and entrepreneurship.

The non -periodic structure critics argue that it gives the wealthy more than the tax rules while staying in the United Kingdom for a long time. Others highlight how millionaires can help create wealth in the country by employing people in their business and investing in the economy.

The Adam Smith Institute (ASI) described the departure of the millionaires as “a vote without confidence in our current economic structures and our institutions.”

“Not only for the benefit of the millionaire that the change in culture is useful-a country that embraces and strives for entrepreneurship, creating wealth, and” Goet-Eit “position to provide a richer society.” In a report.

The wealthy ways to stay in the UK appear to diminish. For example, the investor visa that allows people to invest two million pounds or more in the United Kingdom was canceled for three years ago in order to prevent misuse.

Tea papers indicate more severe expectations for the United Kingdom in the next few years: it will lose about 500,000 million by 2028, according to UBS report last year.

However, the rapidly changing political geopolitical climate has sparked the desire of some immigrants – especially Americans – to think about follow -up British nationality.

This story was originally shown on Fortune.com

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2025-04-08 13:10:00