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DoomPosting DoomPosting @doomposting · 7.95K subscribers
Post #266209 139
If you live in the UK, you have 23 days left to leave the country.

The Autumn Budget is scheduled for October 28 & this one can get very ugly.

Just yesterday, the UK lost its 2nd richest person David Reuben.

But he's not the only one:
> Lakshmi Mittal (£15.4B net worth)
> Nik Storonsky (£14B net worth)
> Chris Rokos (£3B net worth)

All left to places like UAE, Greece & Monaco.

Do they know something you don’t?

The number of billionaire residents in the UK apparently halved in the last 6 years. And in 2025 alone, 16.500 millionaires left the UK as well.

This is the biggest wealth exodus a country has ever recorded. It’s 2 times bigger than China's.

And there are many reasons for that, but one of them was the end of the Non-Dom status.

It existed since 1799 & attracted wealthy individuals from all over the world to London by not taxing foreign income.

However, Labour Party abolished it in April 2025 & even added worldwide assets into UK inheritance tax.

UK Inheritance tax can go up to 40%. Insane.

But it gets even uglier with the next Budget.

Labour thinks they can tax their way out of the crisis, not realising that they only make things worse.

My prediction: They will implement an exit tax soon, so that wealthy individuals have to pay upon leaving.

Last year the Treasury already drafted it. The proposed tax rate was 20%.

And with every billionaire that leaves, Labour gets more & more motivated to go ahead with it.

As of today, nothing is official yet.

However, the direction of the UK is clear: Higher taxes, fewer incentives & less freedom.

So it's better to prepare an exit strategy, before it is too late.

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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