đŹđ§ UK Millionaire Migration Hits Record High in 2025
A Wealth Migration Report finds that the UK is projected to see a net outflow of ~16,500 millionaires in 2025 â the highest in the world, averaging about 45 wealthy individuals leaving every day.
âą đ This surge is linked to tax policy changes like the end of the non-dom tax status and higher capital gains taxes, pushing affluent residents to relocate to tax-friendly hubs such as the UAE, Switzerland, and the US.
âą đ The outflow far exceeds 2023 levels (4,200 departures) as wealthy individuals seek better fiscal and economic conditions abroad.
âą đ§ Critics argue the exodus narrative may be overstated â with some analysts noting the numbers represent a small share of the total millionaire population and question the methodology of these estimates.
đ What do you think â are tax reforms driving real capital flight or just headline noise? đ
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