#non-dom-regime
#non-dom-regime

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Britain's billionaire drain raises fresh alarm over Labour's tax and growth strategy - London Business News | Londonlovesbusiness.com

Wealthy individuals are leaving Britain in increasing numbers, driven by perceptions that the country no longer rewards success, investment, or wealth creation.

fromBusiness Matters

6 months ago

Lakshmi Mittal, one of Britain's richest men, leaves UK amid tax overhaul

Lakshmi Mittal, the steel magnate who dominated The Sunday Times Rich List for more than a decade, has left the UK after nearly 30 years, becoming the latest billionaire to relocate following Labour's tax reforms. The ArcelorMittal founder, once the UK's wealthiest resident and still worth £15.4 billion, has moved his tax residency to Switzerland and plans to spend much of his time in Dubai, where he already owns a mansion and is now developing multiple luxury properties on the new Naïa Island.

UK politics

Real estate

fromLondon Business News | Londonlovesbusiness.com

8 months ago

Greek Property Taxes Explained: What to Consider? | AstonsGreek

Greece levies property transfer taxes, annual ENFIA, municipal fees, and a suspended capital gains tax until end of 2026, affecting investor obligations based on residency.

fromBusiness Matters

11 months ago

Jeremy Hunt 'made a mistake' targeting non-doms, says shadow business secretary

It was a mistake to attack global wealth creators. I won't expand on that, but it was a mistake.