Written Question·Treasury·UIN 68001
Wealth: Emigration
Tabled: 15 July 2025
Answered: 23 July 2025
Question
Matt Vickers
Conservative — Stockton West
To ask the Chancellor of the Exchequer, what information her Department holds on the number of (a) millionaires and (b) ultra-high-net-worth people who have relocated to other countries since 2020.
Answer
James MurrayThe Government has removed the outdated concept of domicile states from the tax system and implemented a new residence-based regime from 6 April 2025. The new residence-based regime is more compatible for new arrivals than the previous rules. The Governme...
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