Reply to: Leaving

[agentzero]

Your source is an Indian newspaper citing a private wealth management company, who are well known for their "interesting" take on things.
In 2021, Henley described 2000 millionaires leaving the UK as “insignificant” but in 2023 described 1600 millionaires leaving the UK an “exodus”.
In 2023, they said the millionaires were leaving as a result of Brexit. In 2024 they re-wrote their stories to say the same people were leaving because of the Labour government.
I wonder is the reason for Henley's study something to do with them being a company that deals in golden passports?

Even the Reformograph claims the figure is nowhere near 16,500, their figure puts it at about 11,600.
That's out of about 3,000,000 millionaires in the country.
And given the number leaving, I suspect they were non-dom tax avoiders in the first place, so no big loss.


Plenty of UK media sources for that, and if you were a British taxpayer, you'd have chosen one of them, rather than trying to find a foreign source that says what you want to believe.

I think it's fair to say this TwoWolves has had happen what many have had happen. They've lost the ability to distinguish between valid online peer reviewed websites and have just went along the "it's online so it's a valid viewpoint" route.

Yes, the website they posted is clearly a joke. I'm surprised they were not embarrassed to even post the link.

[sadkingbilly]

https://www.financialexpress.com/bus...bites-3900151/

'Just about every serious business owner and entrepreneur I KNOW'

like i said, both of them??

[NotAllThere]

I edited my post for clarity. Yes, the UK.

[Bluenose]

We'd never allow WTFH into our country. We have some standards.

For the past 20 years, millionaires have been consistently leaving the country. But new ones are being created as well, so overall, even with the tax reforms, the number of millionaires in the country (adjusting for inflation) has been increasing. The only blips are 2024 and 2012.

If we are talking about the UK - How many of those are property millionaires that did nothing other than walk to the kitchen for a cuppa and a garibaldi whilst watching the population graph blow up and the house building evaporate.

We need real millionaires created through risk, reward and hard work, that is the sign of a healthy democratic capitalist society.

[WTFH]

We'd never allow WTFH into our country. We have some standards.

I've worked in your country.
I've worked for clients who have a nominal base there.
I've holidayed there.
I've entered and exited your country without a passport.
There's some stunning scenery.

But I admit that I know little about your country...
Although I know your flag, and that's a big plus.

[NotAllThere]

You’re confusing NAT and WTFH

We'd never allow WTFH into our country. We have some standards.

For the past 20 years, millionaires have been consistently leaving the UK. But new ones are being created as well, so overall, even with the tax reforms, the number of millionaires in the country (adjusting for inflation) has been increasing. The only blips are 2024 and 2012.

[WTFH]

https://www.financialexpress.com/bus...bites-3900151/

Your source is an Indian newspaper citing a private wealth management company, who are well known for their "interesting" take on things.
In 2021, Henley described 2000 millionaires leaving the UK as “insignificant” but in 2023 described 1600 millionaires leaving the UK an “exodus”.
In 2023, they said the millionaires were leaving as a result of Brexit. In 2024 they re-wrote their stories to say the same people were leaving because of the Labour government.
I wonder is the reason for Henley's study something to do with them being a company that deals in golden passports?

Even the Reformograph claims the figure is nowhere near 16,500, their figure puts it at about 11,600.
That's out of about 3,000,000 millionaires in the country.
And given the number leaving, I suspect they were non-dom tax avoiders in the first place, so no big loss.


Plenty of UK media sources for that, and if you were a British taxpayer, you'd have chosen one of them, rather than trying to find a foreign source that says what you want to believe.

[WTFH]

You’re confusing NAT and WTFH

One of us is probably happy with that mix up, but it's not me.

[WTFH]

Didn't you move to Switzerland, you ginormous hypocrite?

Just doing a quick check here... nope, I'm definitely in Devon.
Checked my current passports, none of them say I'm Swiss.

[jamesbrown]

You’re confusing NAT and WTFH

[TwoWolves]

He didn't

Sorry, can't move your thread. Because like Britain (apparently) the forum is broken.

I moved to Switzerland in 2002. Despite losing my management job in a multinational in 3 years, due to politics, I never had any intention of moving back to the UK. We had been looking to emigrate for several years before we finally did. Reasons - different life style and better weather. Plus our kids would grow up bilingual. Initially we want to go to France, as I speak French, but ended up in German speaking Switzerland; at the time I spoke no German.

Now my grandchildren are Swiss, my children-in-law are native Swiss, my children are Swiss. My wife and I are Swiss. We have no intention of returning to the UK, having few ties except a few siblings and elderly parents.

How do we feel about the UK when we visit? I like the place, but I wouldn't want to live there. The governments for decades have just been so incompetent. Unable to get anything done. Here, it takes a bit time and lots of discussion, but things get done. There is long term thinking. And the weather is better. So is the skiing.

xx

[TwoWolves]

both of them??

https://www.financialexpress.com/bus...bites-3900151/

[jamesbrown]

Didn't you move to Switzerland, you ginormous hypocrite?

He didn't

[TwoWolves]

Possibly more worried that the children will discover that there is a whole world outside their house where the majority of people want to get along with each other and don't judge people based on old prejudices.

Didn't you move to Switzerland, you ginormous hypocrite?

[jamesbrown]

Crime is just way out of control, and I worry every time my children are out of the house without me.

Are they responsible for a lot of crime in your area?