UK Non-Dom Abolition: 16,500 Millionaires Left in 2025 — Steepest Ever Annual Rise
The formal abolition of non-domicile tax status in April 2025 triggered a record millionaire exodus. 78 centi-millionaires and 12 billionaires departed. Destinations: Switzerland, UAE, Italy. The Adam Smith Institute projects £6.5B cost to UK economy by 2035.
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