Historically, London and the UK have been seen as pre-eminent places for the international wealthy to live, buoyed by favourable tax and immigration regimes for new arrivals. Despite worries about the future of the UK due to events like Brexit and the COVID-19 pandemic, many wealthy individuals who've spent time in London still view it as a highly attractive place to live.
In this article for eprivateclient, Ben Lister and Alexander Erskine explore why the UK is likely to remain a jurisdiction of choice for many high net worth clients, discussing its:
- tax environment
- immigration routes
- status as a financial centre and global hub
- property market.
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