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Millionaires Plan to Leave Britain in Two Years

Millionaires Plan to Leave Britain in Two Years

Bloomberg has revealed that a group of billionaires with combined wealth exceeding $160 billion have left the United Kingdom in the past two years, in what is known as the "Great Billionaire Migration." This has led to a significant change in the number of wealthy individuals choosing to relocate to other countries, particularly Greece, which has become more financially attractive after improvements in its economic situation, compared to European cities like Paris and London. This migration follows the abolition of the "non-dom" tax regime in Britain in 2025, which was considered one of the key factors attracting millionaires. As a result, many of them have moved to countries offering tax advantages, such as Greece, Switzerland, Monaco, Singapore, and Dubai. Among the notable departures is the British billionaire Chris Rokos, who has transferred his residence to Greece, along with major investors like Jim Ratcliffe, Nassef Sawiris, and Mohamed Mansour, who have donated to the Conservative Party and are increasingly inclined to invest and live in countries with more flexible tax environments.

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