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In the City: Why the Super Rich Are Thinking of Leaving the UK

Trumponomics

CHAPTER

Brexit's Financial Impact on Non-Doms

This chapter examines the repercussions of Brexit on high finance and the non-domiciled population in the UK, including significant relocations and evolving attitudes towards taxation. It explores the psychological dynamics of wealth and identity among ultra high-net-worth individuals, as well as their motivations for considering relocation to countries with more favorable tax regimes. The discussion also highlights the economic contributions of non-doms and the implications of rising costs, such as private school fees, on their relationship with the UK.

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