5 Articles
5 Articles
The temptation of the super billionaires: goodbye to London, better Milan (where there is a flat tax for Scrooges): Arnault ready to move his residence
After 30 years, the steel magnate is preparing to emigrate to Dubai, Switzerland or Italy to pay less taxes. The king of luxury, Arnault meditates on transforming the historic Casa degli Atellani into his main residence in the heart of Milan
Aston Villa's non-dom owner leaves UK for Italy
The billionaire co-owner of Aston Villa football club has become the latest wealthy foreigner to leave the UK in response to the government’s decision to abolish the non-dom regime. According to registry filings, Nassef Sawiris, Egypt’s richest man, is now a resident of Italy. He previously lived in the UK and claimed the country’s generous non-dom status for over a decade. The chemicals magnate, who owns Aston Villa and is executive chair of OC…
Billionaire Nassef Sawiris changes residency to Italy - Egypt Independent
Billionaire Nassef Sawiris has changed his place of residence and is now registered as living in Italy, having previously resided in Britain, according to Bloomberg. Wealthy individuals in Britain are facing a series of changes impacting their finances, including increased taxes on inherited assets and offshore wealth. This is prompting them to leave Britain for …
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