A record 69,300 workers left the United Kingdom in the 2025/26 tax year, up 32% from the previous year’s 52,000, according to an analysis of HMRC data by accounting firm UHY Hacker Young. While billionaires are taking an estimated $160 billion to Switzerland and Monaco, departures are not solely tax-driven. The main reasons cited are lifestyle, sunshine, and the crumbling NHS, Britain’s national health service. Spain topped the Expat Insider Quality of Life Index for the fifth consecutive year, with 89% of expats satisfied with the climate and 83% with healthcare quality. Switzerland is also attracting wealth, notably due to lower taxes, smoother healthcare, and the presence of personalities like steel billionaire Lakshmi Mittal.
Source: Read the original article
