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NON DOM REGIME
Even London’s ever-optimistic brokers see gloom for luxury homesLondon's prime property market faces a significant downturn, with top brokers like Savills predicting back-to-back annual price declines fo...- Britain tries to fix its frayed relations with world’s richBritain's finance minister is attempting to halt a wealth and brain drain by curbing the most punitive effects of scrapping the non-dom tax...
- UK expects bigger non-domicile tax take despite billionaire exitsThe UK government expects higher revenues from its overhaul of the non-domicile tax regime, even as more ultra-wealthy individuals leave th...
- UK lawmakers urge Starmer for new £2.5 million visa to stop wealthy residents from leavingWealthy foreigners are leaving Britain after recent tax changes. Lawmakers are urging Prime Minister Keir Starmer to create a new investor ...
- UK business minister admits worry over billionaires leaving amid tax rise concernsBritain's Business Secretary Peter Kyle is worried as wealthy individuals, including Indian billionaire Lakshmi N Mittal, plan to leave the...
- Millionaires may exit UK in record numbers after non-dom tax shake-upThe United Kingdom may witness a significant departure of wealthy residents. Around 16,500 millionaires are expected to leave in 2025. This...
- UK's Farage promises non-doms protection from tax on overseas assetsNigel Farage's Reform UK party proposes a "Britannia Card" for non-doms, offering tax exemption on overseas assets for a £250,000 fee every...
- UK's Britannia Card: All about Nigel Farage's plans to charge rich expats £250,000 to give to the poorReform UK has proposed the "Britannia Card," offering wealthy foreigners and returning Britons a 10-year residence permit with tax benefits...
- UK may rethink non-dom inheritance tax as wealthy foreigners exitFaced with an exodus of wealthy individuals and pressure from the City of London, the UK government is reconsidering its recent inheritance...
- Heir to $27 billion Bharti fortune joins UK's wealth exodusShravin Bharti Mittal, an heir to a major Indian fortune and a key shareholder in BT Group Plc, has moved his residency from the UK to the ...
- Unlocking the UK as a wealth gateway: What India’s HNIs should knowThe United Kingdom remains a key destination for wealthy Indians seeking global opportunities. Recent tax reforms and the UK-India Free Tra...
- Lakshmi Mittal buys luxury mansion in Dubai's Emirates HillsIndia-born billionaire Lakshmi Mittal has purchased one of Dubai’s most expensive homes in the upscale Emirates Hills community, often call...
- UK’s non-dom tax changes could be driving out billionaires like Lakshmi MittalSteel tycoon Lakshmi Mittal is considering leaving the UK due to the end of tax benefits for non-domiciled residents. This follows the Labo...
- HNIs leaving poor little great BritainIn an effort to rethink taxation policies, Britain's finance minister Rachel Reeves announced plans to amend the abolition of 'non-dom' sta...
- Rachel Reeves to relax non-dom rules amid millionaires' exodus from UKThe amendment would give easier access for some individuals to the so-called temporary repatriation facility, which allows non-doms to brin...
- Rich non-doms are unlikely to mount a mass exodus from UKThe UK plans to abolish its 'non-dom' tax regime, causing concerns about a potential exodus of wealthy individuals. The change could result...
- Globally mobile millionaires threaten to desert Britain over taxBassim Haidar may move to Greece or Monaco due to PM Starmer's inheritance tax revisions potentially ending the non-dom regime. He suggests...
- Super-rich may quit UK over Labour plans for inheritance taxes on trustsLabour Party's proposed inheritance tax changes may prompt wealthy individuals to leave the UK, affecting private banks and advisers. The p...
- London calling? Not anymore. Tax tweaks worry NRIs, new migrantsMany non-resident Indians (NRIs) and recent migrants to the UK face uncertainty due to proposed changes in tax regulations set to eliminate...
- What is a non-dom? An expert answers our questions about the tax status claimed by Rishi Sunak's wife Akshata MurthyNon-domicile, or non-dom, is a British tax status that has been available since the French revolution - yes, that long. It allows a person ...
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