The lure of London – why wealthy non-doms are flocking to the UK capital
Life is surprising. While that is a statement of the obvious, every now and again one is struck by just how much can change in a relatively short period of time. Take the UK for example. A few short years ago, I was given the task of giving a presentation on its attractions for wealthy resident non-domiciles (RNDs) and others, which was – to put it simply – not easy. Life has, however, changed almost beyond recognition with more and more wealthy people, both from the EU and further ashore, relocating here at an ever-accelerating pace. Why?
Britain’s stability and its increasingly warm disposition towards wealthy ‘non doms’ has led to a wave of new arrivals from Europe, China and Russia. But Sophie Dworetzsky points to the example of France when warning against complacency
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