In recent years, the United Kingdom has seen a gradual decline in its attractiveness for major international wealth. According to the Sunday Times Rich List, between 2022 and 2024 the UK recorded 18 fewer billionaires in terms of capital/investments—more than any other country.
In an interview with Sky, Alessandro Belluzzo, an expert in international taxation and wealth planning, analyses the causes of this phenomenon: from the end of the non-dom tax regime to the changing post-Brexit and post-Covid socio-economic context.
New scenarios and alternative destinations are emerging for High Net Worth Individuals: Italy, Spain, Switzerland, and above all Abu Dhabi, which is increasingly attractive to City of London professionals.
Watch the full interview HERE to explore the topic further.
