Chris Rokos: UK's third-richest taxpayer to leave for Greece
Bloomberg reported the move as Greece offers a 100,000 euro flat tax on foreign income for qualifying high-net-worth residents.
- Hedge fund founder Chris Rokos is preparing to shift his tax residency from the UK to Greece and open an Athens office, Bloomberg reported on Monday.
- Greece's offer of a £100,000 annual flat tax on foreign income for up to 15 years attracts high-net-worth individuals, while the UK's abolition of non-dom status and Labour's expected Budget tightening squeeze wealthy residents.
- Rokos, estimated worth about £2.3 billion, paid himself £477 million last year and pledged £190 million to Cambridge University this year, underscoring his deep UK ties.
- Shadow Chancellor Andrew Griffith warned that when high earners leave, "the rest of us pay more," as Jaguar Land Rover confirmed 4,000 job cuts amid accusations of government indifference.
- Rokos Capital Management employs more than 370 people across London, New York, Abu Dhabi, and Singapore, raising questions whether senior staff might follow him abroad as Greece competes with Italy and Switzerland for mobile wealth.
60 Articles
60 Articles
Christopher Rokos is the latest billionaire to leave Britain for fear of a new crackdown on the country's richest.
Billionaire who paid £330 million in UK tax reportedly plans Greece move after Nassef Sawiris exit
British hedge-fund billionaire Chris Rokos is preparing to move his tax residency to Greece, joining an exodus of wealthy residents that has already included Egypt’s richest man, Nassef Sawiris.
UK’s third highest taxpayer ditches UK for Greece amid tax rise fears
The billionaire founder of Rokos Capital Management paid £330m to the Treasury last year
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