The ONLY Country Losing Millionaires

Swiss bank UBS predicts only ONE country will have a net loss of millionaires in years to come, and high taxes are to blame.

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[Exposemediau]

Not just millionaires are leaving even the middle class professionals and small businesses owners also .

[garrygrant]

The UK is losing not just millionaires but many of the highly skilled people and basically anyone who have the resources to leave. Time to sell up folks.

[xyyx]

They are not just losing millionaires, they are losing on many fronts, many already left and even more will go

[RobertLeighJames]

I knew it was going to be the UK before you said it.

[onemanwanders]

All the smart people are getting out of the UK at this point. The place has turned to shit. Sad

[veronicamarthinsen]

Rich people in Norway is also moving to Switzerland....

[ace]

The UK is losing entrepreneurs not just those in the top 1%

[wanderby]

Yep. I already left and I'm not even a millionaire. Yet.

[barnandhome]

Oppressive regulations always cause those who have the means to flee, to do so.

[pslanez]

People confuse attracting millionaires as meaning the government is doing well, but it just turns the country into a playground for the rich at the expense of the average person. What actually signifies a country doing well is the ability to attract and nurture talent, who generate wealth and transform into millionaires whilst helping everyone around them. Unfortunately the uk isn’t doing this either.

[ettiennefaure]

South Africa is also losing millionaires.

[Spideyense]

They are correct, the tipping point has been reached recently for many on the fence.

[texaspete]

With what the UK government is currently doing to their indigenous population, they deserve to lose millionaires.

[ScrotieHongKong]

I left the uk 17 years ago. And would not live there again. Country going down the 🚽 unfortunately

[RaymondWatson-cyub]

R.I.P. the U.K.it as completely lost its way.

[tedangle]

That and rampant, unchecked immigration!

[dw]

“The UK is number 1 in losing millionaires”
The US government: hold my beer

[CalderaFinance]

Politicians hate the (non royal and non banking) rich

[BlackRose.]

where money goes, the boats will follow

[esco.letsgo]

They’re also loosing the very few billionaires they had in Mayfair London too. All those international billionaires packed up and left from Marylebone, Knightsbridge, Westminster etc. It was because having a London United Kingdom address no longer meets the requirements of ‘status’ and the tax is through the roof.