{
David Lesperance

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wealthy britons consider exodus amid new tax hikes and regulations

Britain's wealthy are facing significant tax hikes following the Labour government's budget, which abolishes the non-dom regime and imposes new levies on private equity, second homes, and private jets. Finance Minister Rachel Reeves argues these measures are necessary for financial stability, but many affluent individuals are planning to leave the U.K., fearing a wealth exodus. Lobby groups warn that jurisdictions like Italy and Dubai are poised to attract the departing super-rich.
CNBC
British Pound Sterling Ford Motor Company RBC Wealth Management GBR CHE ITA ARE Steven Porter Leslie Macleod Miller Nick Ritchie David Lesperance Rachel Reeves Show more
Finance & Economy, News Article
13:09 05.11.2024

wealthy americans seek second passports amid election fears and unrest

A record number of wealthy Americans are planning to leave the U.S. amid fears of political and social unrest following the election. Demand for second passports and long-term residencies abroad has surged, with many citing concerns over violence, taxation, and political climate as primary motivators. Popular destinations include European countries like Portugal and Malta, as well as Caribbean nations like Antigua, with the process for obtaining citizenship becoming increasingly competitive and lengthy.
CNBC
Russian Ruble United States Dollar Singapore Dollar Hong Kong Dollar Euro Henley & Partners Malta Ltd. Arton Capital LCA ITA ESP ATG MLT IRL PRT GRC David Lesperance Kamala Harris Dominic Volek Armand Arton Show more
Finance & Economy, News Article
15:00 01.11.2024
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