"Wealth migration out of the UK is set to intensify sharply in 2026, with the number of high-net-worth individuals leaving the country "potentially doubling" as internationally mobile families, entrepreneurs and executives reposition for greater certainty, competitiveness and long-term opportunity. This is the warning from Nigel Green, CEO of global financial advisory giant deVere Group as advisers across major financial centres report a sustained rise in enquiries from UK-based clients exploring relocation options, alternative residency programmes and cross-border structuring."
"He says: "Strategic relocation planning now sits at the centre of decision-making for globally mobile wealth. "We're not guessing. We're watching behaviour change. Enquiries including relocating out of the UK picked up strongly at the end of last year and they have not slowed. "On that basis, we believe the number of wealthy people leaving in 2026 could potentially double.""
"The acceleration reflects a build-up of pressures reshaping how Britain is assessed by internationally mobile wealth. Tax changes introduced in recent times, including measures confirmed in the 2025 Budget, altered the UK's competitive standing. The end of the non-dom regime, higher capital gains and inheritance taxes, and the expansion of worldwide income taxation for long-term residents now sit alongside wider concerns over regulatory burden, economic direction and quality-of-life considerations."
Wealth migration out of the UK is forecast to intensify in 2026, with potentially double the number of high-net-worth individuals leaving as they seek greater certainty, competitiveness and long-term opportunity. Advisers across major financial centres report sustained rises in enquiries from UK-based clients exploring relocation options, alternative residency programmes and cross-border structuring. Strategic relocation planning has become central to decision-making for globally mobile wealth, with enquiries picking up strongly and showing no sign of slowing. Recent tax and policy changes have altered the UK's competitive standing and joined wider concerns over regulation, economic direction and quality of life.
Read at London Business News | Londonlovesbusiness.com
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