The United Kingdom’s suppressive policies have consequences — with some wealthier individuals seeking greener pastures.
On June 24, Forbes reported that the U.K. is facing a massive transfer of wealth out of the country, “the largest single-year exodus of wealth ever recorded.”
Projections indicate 16,500 high-net-worth individuals — those whose “liquid investable wealth [is worth] $1 million or more” — are seeking residency in other countries.
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Founder of Apex Capital Partners Nuri Katz helps people like this by offering guidance should they wish to relocate.
Katz stated this shift doesn’t signal that the upper class is fleeing in terror so much as it is making a backup plan that can be used when needed.
“These people are not actually leaving the U.K. They are simply
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