Nomad Capitalist Audio Experience UK Wealth Exodus: Another Billionaire Gone
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Oct 19, 2025 A recent departure from the UK highlights a trend of billionaires leaving for greener pastures. Revolut's founder has chosen Dubai, citing oppressive taxes and negative public sentiment in Britain. The host explores alternatives in Europe and beyond, emphasizing the importance of personal fit over following the crowd. He discusses lifestyle trade-offs between transactional locales like Dubai and more community-oriented places. There's also a warning about potential exit taxes, urging proactive planning for anyone considering emigration.
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UK Pushing Its Wealthiest Residents Out
- The UK is driving wealthy entrepreneurs away with rising taxes, regulation, and public vilification.
- High-tax Western countries deliver less value for the money wealthy residents pay.
Storonsky's Exit From London
- Nikolay Storonsky, Revolut founder, left London for Dubai after feeling pushed by rules and taxes.
- Henderson says Storonsky built success independently and then faced vilification and constraints in the UK.
Don't Automatically Follow The Dubai Herd
- Before copying others and moving to Dubai, evaluate other European and nearby options that may suit you better.
- Consider Italy, Malta, Cyprus, Ireland and Greece for favorable tax or non‑dom regimes instead of following the herd.