‘A Huge Mistake’: Angermayer Slams UK Wealth Tax Plan After Exit
- He’s the latest UK non-dom to depart ahead of tax law changes
- ‘Every non-dom I know has left’ or soon will, Angermayer says
This article is for subscribers only.
Christian Angermayer has left England for a Swiss crypto hub over the UK’s plans to raise taxes on affluent residents’ offshore wealth, the latest sign of turmoil among Britain’s rich elite.
The cryptocurrency, biotech and psychedelics investor moved this month from London to the city of Lugano, he said in a statement to Bloomberg. In Lugano, individuals and businesses can settle bills in Bitcoin or the Tether stablecoin.