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UK vote to scrap non-dom status unsuccessful and millionaires flee UK anyway

Scary stuff. I see why super rich people move to Monaco or Dubai. No point having nice things if you can't wear or use them all the time.
 
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They move to the closest thing to a prison, the only place where you are really safe.

Pretty much true. Both are open air prisons and surveillance states.

If your life problem is losing a Rolex, it’s not going that bad after all.

I don't think rich care too much about losing an affordable item like that. It's the sometimes mindless violence and trauma that comes with having a gun put to your head or a knife to your throat in your home or on the street that some want to avoid.
 
I don't think rich care too much about losing an affordable item like that. It's the sometimes mindless violence and trauma that comes with having a gun put to your head or a knife to your throat in your home or on the street that some want to avoid.
These things can happen everywhere. There was a murder by handgun on Bequia recently, there are Haitians that sometimes do bad things on the family islands, pirates in the sea etc.
 
Italy is not safe these days if you show off even a little.
I mean if you're new and buy a nice villa. "Entry level" supercar that starts to be seen around. Or a nice watch shown in public places.
Plenty of entrepreneurs/VIPs robbed while they sleep in their villa.
At gun point.
Alarm and security bars on windows are not enough.
Usually no fingerprints as they use gloves. No faces (balaclavas)...
People said that you call the police and it's too late and they never get them. and if you're not a VIP or politician they'll not even try to see if they left some fingerprints and not even bother checking all the cameras in the neighborhoods.
They'll follow your supercar and they'll point a gun at you while you're opening your gate or even stuck in traffic in broad daylight.
They are organized gangs. Usually foreigners with italian lookouts.
East European ones are worse as they are very violent for no reason on wife and children.
Even gypsies do this and there's plenty of unidentified ones there.
Gypsies usually will s**t all arount your house too. They love s**t. A guy was tied and they shat in his m*uth as he didn't want to give them jewels... :rolleyes:
Seriously, cannot even leave your wife with your kids in the big city parks.

Even Leclerc was robbed (Richard Mille watch) lol
https://www.planetf1.com/news/charles-leclerc-robbed-300k-watch/
Even Salvini's son (the minister)
https://www.ansa.it/english/news/po...lan_4dc1da2b-ebe3-4af9-8d64-e8f5df182691.html
Thieves even dress up as cops in daylight lol
https://www.ansa.it/english/news/20...man_ecae214c-2981-41b0-ab26-0e1c93d5d12d.html
A quick google will show what i mean:
https://news.italy-24.com/news/3372...ur-He-took-his-wife-and-daughter-hostage.htmlhttps://www.ansa.it/english/news/ge...lan_735d5116-385b-4381-83e5-4b10f5ce934e.htmlhttps://www.thesun.co.uk/sport/14666589/chris-smalling-robbery-italy/https://www.dailymail.co.uk/sport/s...rchisio-wife-robbed-GUNPOINT-villa-Turin.htmlhttps://www.goal.com/en/news/ac-mil...obbed-at-gun-point/16cvmlbq68as61skne2nzb0jd4https://nybreaking.com/armed-robber...-rolex-from-british-professor-in-milan-italy/https://football-italia.net/lazio-midfielder-basic-robbed-at-gunpoint/https://www.besoccer.com/new/napoli-s-insigne-robbed-at-gunpointhttps://www.ansa.it/english/news/ge...les_f5c3157a-9824-4ecb-a6d4-ca6b81be8730.html
I could find thousands of articles from local newspaper... plus all the ones that don't makes to the news.

it's a long time issue, since 2000 it got wide spread. e.g.
https://www.independent.ie/world-news/robbers-ruining-idyllic-tuscany-26124278.htmlwhen police gets them, italian justice is so mild on them that they areout in a few months or aren't even jailed.
Those were all robberies. Where's the gypsy taking a dump in another man's mouth? In Sweden, it's common for gangs to piss on random victims, film and then spread the clip, but dumping? That's something new.
 
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Not at all. When I’m there, I never lock the door. But I wouldn’t leave my car unattended in Naples or Milan.


Food and culture. Nothing can be even remotely compared to Italy in these areas.

They do their job. If you are tax compliant, you have nothing to worry and you will receive compliments for your car (sometimes the guys will even ask you to make a ride or just some noise with the gas pedal). We should also say that all police forces of Italy wear quite elegant uniforms and for some reason the Carabinieri chicks are always hot.
Ofcourse you have to be compliant with all the rules, but still its bothersome to be stopped just because you have a good car everytime not because you have actually committed any crime.

Food and culture. Nothing can be even remotely compared to Italy in these areas.
yes, food and culture is best in the world but the rest I dont think so. But to each their own.

Ough, if it's like Marbella, I wouldn't worry much. It's one of the safest places I've spent time in my life, as long as you don't flash your wealth or actively looking for trouble (drugs). I mean I never felt completely safe walking at 1am in London or Eastern Europe, but in Marbella it's absolutely fine. There are some home robberies and pickpocket crime focusing on expensive watches and jewellery, but as long as you don't put a marker on your back you will have zero problems.

Again, it's the same for any place I visited except Dubai where everyone is trying to look like a pimp so it's hard to say who's real and who's fake :)
ok I dont know when you were in marbella but there have been shootings, robberies and break ins at a considerable level, it was once called the break in capital of europe. But, the place is beautiful to say the least. Other than monaco and switzerland I domnt think its a good idea to own expensive things, its just calling for trouble unless you have private security then you are sorted.

Scary stuff. I see why super rich people move to Monaco or Dubai. No point having nice things if you can't wear or use them all the time.
Thats true, whats the point of having money when you cannot enjoy it.

They move to the closest thing to a prison, the only place where you are really safe. If your life problem is losing a Rolex, it’s not going that bad after all.
I dont agree, closest thing to a prison is the USA, I have lived in Dubai and can tell you that you will hardly see the police, yes they do have cameras everywhere but hey if you think governments in europe are not surveiling you then you are highly mistaken.

I don't think rich care too much about losing an affordable item like that. It's the sometimes mindless violence and trauma that comes with having a gun put to your head or a knife to your throat in your home or on the street that some want to avoid.
yes I agree, if I wouldnt have kids I would be in dubai now but I choose to not raise my kids there. I would prefer to raise them in a third world country where they learn to fight and see what poverty is.
 
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gosh it sounds more like stories one reads from south africa...
but it doesn't surprise me seing the amount of unregistred migrants have come to europe. they start organised crime and steal big time while receiving monetary hand outs. And they never get punished!! life is good for the petty thieves!
 
Italy is great to visit (as a tourist) and even to spend couple of months there but I guess living there is something else.
Italians don't like foreigners (non-italians) and also if you show a nice car or watch you'll easily become victim of robbery.
And since you're non-italian - police won't care.

Btw Greece has similar non-dom scheme to Italy. I discussed it in another thread last year.
Can you please share the thread I wasn't able to find it?
Greece is probably safer than Italy (but the stats I found here says opposite)
 
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The UK will still remain as the most attractive European country when it comes to taxation - A first world country with low to no chances of a wealth tax, council tax (British equivalent for annual property tax) is ridiculously low for multi-million pound homes, every supercar in the UK are taxed very low annually (520£ for 2017 and newer vehicles and the fact that there is no crazy registration tax). And ALL of this while living in London where you have every single amenities a person can think of.

The only Western European country that comes close to UK taxation system is Germany. Every other countries in Europe are far worse.

Do you guys really think that Tories will be a minority in the House of Commons? There's no way it will happen imo
Also easy to form corporations, access to banking, plus not being tied to the EU. I hope they can present themselves as the Singapore of Europe in the future.

If you look at a tier list of all cities, only NYC and London are ranked as A++ cities overall.

The services available in London alone are insane.
 
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I hope they can present themselves as the Singapore of Europe in the future.
They tried. Lasted 40 days, almost tanked the pension funds and the pound. You can not build a democratic Singapore, there are too many socialists and open communists in the UK and soon they will have a majority in the parliament. So trust my word, in 1-2 years there will be general election, Labour will win and they will abolish non-dom, raise taxes for corporations and "rich" people alike, print money to cover the holes in the budget and run the country to the ground. In 5-10 years they will again lose to Conservatives and the cycle continued.
 
They tried. Lasted 40 days, almost tanked the pension funds and the pound. You can not build a democratic Singapore, there are too many socialists and open communists in the UK and soon they will have a majority in the parliament. So trust my word, in 1-2 years there will be general election, Labour will win and they will abolish non-dom, raise taxes for corporations and "rich" people alike, print money to cover the holes in the budget and run the country to the ground. In 5-10 years they will again lose to Conservatives and the cycle continued.
BREXIT is a project of the conservatives, which will bring the country into blooming landscapes, as one hears and sees. The rich are also currently fleeing England in droves. How many meters are left to the abyss, thanks to the glorious conservatives? How many prime ministers have they worn out since Brexit?
 
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BREXIT is a project of the conservatives, which will bring the country into blooming landscapes, as one hears and sees. The rich are also currently fleeing England in droves.
You need to understand how the UK politics works. Both parties have a core audience - around 20% each. It's elderly and more well off people for conservatives and poor, urban and younger people for labour. NONE of those people actually supported Brexit.

And there is a huge swinging audience that is the aim for both parties, often rural, working class, white British "rednecks". And for them Brexit was a clear scapegoat solution that led Cameron to victory. Even now Labour don't dare to touch Brexit for that reason - it's the swinging "moderate" working class that supported Brexit and they are the kingmaker.
 
Can you please share the thread I wasn't able to find it?
Greece is probably safer than Italy (but the stats I found here says opposite)

See below thread.

https://www.offshorecorptalk.com/threads/is-italy-still-territorial-tax-based.39354/post-236300
or direct link below

https://gr.andersen.com/news-for-greece/greek-non-dom-tax-regime/

Non-doms: Why Labour squeeze on wealthy elite could backfire​

https://www.bbc.com/news/uk-politics-64318959
--- quote start

If Labour wins the next general election, the party has pledged to scrap this "tax loophole" to raise an estimated £3.2bn a year.

Dubai, Greece and Portugal. These are some of the countries that members of an economic elite have recently moved to instead of the UK.


--- quote end

Only UK non-dom's with kids in school may stay. The rest will vanish from UK. Not even King Charles paid UK inheritance tax but everyone else is expected to.

Whoever thinks a country like UK, that in 2022 had 3 Prime Ministers and 4 Chancellors, is stable and a desirable place to live right now needs a psychiatrist. Who wants to move to a demising high tax country where standard of living is falling, crime rising, bad weather, people getting poorer, negative predicted GDP growth and politically in a corrupt conservative mess.

They better not get rid of non-dom scheme as that's all it has going to attract rich foreigners.....lol.
 
The UK will still remain as the most attractive European country when it comes to taxation - A first world country with low to no chances of a wealth tax, council tax (British equivalent for annual property tax) is ridiculously low for multi-million pound homes, every supercar in the UK are taxed very low annually (520£ for 2017 and newer vehicles and the fact that there is no crazy registration tax). And ALL of this while living in London where you have every single amenities a person can think of.

The only Western European country that comes close to UK taxation system is Germany. Every other countries in Europe are far worse.

Do you guys really think that Tories will be a minority in the House of Commons? There's no way it will happen imo

UK wont be so attractive for long. Permanently declining productivity, massive trade balance deficit, some of the largest pockets of povery in all western world, just self suicided by exiting the largest single market in the world. They will have to raise taxes as there is very little meat left to cut, with both school and health systems in total shambles. NHS is already the worst public health system in all western Europe by al metrics. Even Portugal beats it. Of you are planning long term based on UK taxation staying the same, you are deluding yourself
 
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They tried. Lasted 40 days, almost tanked the pension funds and the pound. You can not build a democratic Singapore, there are too many socialists and open communists in the UK and soon they will have a majority in the parliament. So trust my word, in 1-2 years there will be general election, Labour will win and they will abolish non-dom, raise taxes for corporations and "rich" people alike, print money to cover the holes in the budget and run the country to the ground. In 5-10 years they will again lose to Conservatives and the cycle continued.
I don't think something like this can be done overnight. What you are saying is possible, but hopefully not.
In general I think a lot of people in democratic countries are realizing the expense of tax. If you live in a country like that tax will cost more than housing and food combined, just to feed the government. I think the voters could change, but who knows.