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3min chapter
Millionaire Exodus?
Patrick Boyle On Finance
Factors Influencing Wealthy Individuals' Reluctance to Leave Britain for Tax Reasons
The chapter explores a study on why wealthy Britons are hesitant to move out of the country for tax reasons, emphasizing their ties to the cultural amenities, healthcare, and social networks in London. While many are content to remain, potential changes in the UK's political and economic environment could lead some to consider tax migration due to concerns over high tax rates and government policies.
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