10,000 Millionaires Are LEAVING the UK

Best Countries to Pay Less Taxes ▶ 💰 Book a Call and Become Our Client ▶ #calendly Summary of this video: 💰 UK Millionaire Migration Trends - UK is losing nearly 10,000 millionaires in 2024, double the previous year’s exodus. - Main reasons include tax changes and increasing crime rates. - Destination countries include UAE, USA, Singapore, Canada, Australia, Italy, Switzerland, Greece, and Portugal. 🌍 Appeal of UAE for Millionaires - UAE is attracting a significant number of millionaires due to zero taxes on capital gains, investments, and property. - Ease of obtaining tax residency and business setup appeals to wealthy individuals. - Growing preference among millionaires globally for jurisdictions with minimal taxation. 🇺🇸 Attraction of the United States - Despite challenges, the US remains a magnet for millionaires seeking brand value and business opportunities. - States like New York and California still attract despite local issues. - Significant influx driven by the allure of the American brand and lifestyle. 🏝️ European Destinations for UK Millionaires - Greece, Italy, Switzerland, and Portugal offer favorable tax regimes for wealthy individuals. - Attractions include lump sum tax options and residency benefits. - Increasing interest from UK citizens due to impending tax changes. 🔍 Considerations for UK Millionaires - Rising concerns over UK’s future policies like mandatory military service and crime rates. - Options for international relocation and obtaining second citizenships. - Advice on navigating tax-efficient strategies globally for high-net-worth individuals. DISCLAIMER: This video is not tax and/or financial and/or investment advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I’m not a financial advisor nor do I pretend to be. Always do your own research.