Click here to read the full article: https://todayswillsandprobate.co.uk/britain-set-to-lose-record-numbers-of-millionaires/
Robert’s comments have been published below with kind permission.
Robert states:
“If Rachel Reeves genuinely wants to boost growth and attract investment to the UK, she can avoid an embarrassing u-turn and introduce a new inward investment visa with a properly costed up-front investment and an annual lump-sum payment to satisfy worldwide tax liabilities – this needs to be a meaningful amount, but the system needs to be simple, and above all it should encourage people to bring their money into the UK.”
“Whilst Farage’s plan doesn’t seem to have been properly costed, Rachel Reeves could use this as a starting point for a new system to entice the wealthy to come back to the UK. Italy now charges an annual EUR200,000 for non-dom status. The US are also about to launch their own non-dom alternative called the Trump Gold Card with a much more significant $5 million up front payment.”
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