Nearly Two Thirds of UK Millionaires Say Life Better Outside Britain – Guido Fawkes

Nearly Two Thirds of UK Millionaires Say Life Better Outside Britain

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A whopping 60% of British millionaires believe life would be better outside the UK, according to a poll of more than 1,000 wealthy people by Arton Capital. Rachel Thieves’ taxes are to blame…

53% said they felt less wealthy due to the rising cost of living, while more than half of 18-24 year olds also said they felt life would be better outside the UK. Top destinations to flee to include the US, Canada, Australia and the UAE, while 82% were interested in getting a ‘Golden Visa’. Arton Capital CEO Armand Arton said:

“The UK is at a tipping point. The uncertainty around the government’s proposed wealth tax mirrors the ongoing economic uncertainty seen around the world. The UK risks losing capital, talent and long-term investment to countries that offer greater security”. 

It is already predicted that 16,500 dollar millionaires will leave the UK in 2025 thanks to the non-dom tax raid. Meanwhile, the Treasury has briefed Reeves will impose a property tax on homes worth more than £500,000 as wealthy people brace for tax hikes in the Autumn Budget. Labour sending talent and capital packing…