Where Rich Brits and French Might Go to Escape Higher Taxes
Wealth advisers see growing interest in migration after elections in both countries have created uncertainty about future policies.
The prospect of higher taxes on the wealthy in the UK and France has led some to consider moving abroad.
In the UK, Prime Minister Keir Starmer’s Labour government is planning to scrap preferential tax treatment for rich foreign residents — so-called non-doms — including on assets they hold in overseas trusts. A move by Chancellor of the Exchequer Rachel Reeves to raise taxes on capital gains or inheritance is also widely believed to be in the cards.