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Europe's New Tax Haven: Why Milan Attracts More and More Millionaires

Summary by Neue Zürcher Zeitung

A flat-rate tax regime and the attractiveness of the city ensure that more and more multi-millionaires move to Milan. Recently, there was a real wave of emigration from London, and even Swiss people flock increasingly to the metropolis. What the real estate agents are pleased about is becoming a problem for some residents.

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Neue Zürcher Zeitung

Europe's New Tax Haven: Why Milan Attracts More and More Millionaires

A flat-rate tax regime and the attractiveness of the city ensure that more and more multi-millionaires move to Milan. Recently, there was a real wave of emigration from London, and even Swiss people flock increasingly to the metropolis. What the real estate agents are pleased about is becoming a problem for some residents.

4 days ago·Zürich, Switzerland

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100% Right

Bias Distribution

100% of the sources lean Right

100% Right

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Neue Zürcher Zeitung broke the news in Zürich, Switzerland 4 days ago on Saturday, May 31, 2025.

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