Is UK Too Expensive To Die In? Why Are Billionaires Leaving The UK? l Lakshmi Mittal

Описание: Is UK Too Expensive To Die In? Why Are Billionaires Leaving The UK? l Lakshmi Mittal

Why are billionaires suddenly leaving the United Kingdom?
Why did Lakshmi Mittal — one of the world’s biggest steel tycoons — move his tax residency out of the UK?
And is the UK now too expensive to die in because of the controversial Inheritance Tax, also called the Death Tax?

In this deep-dive explainer, we break down the real reasons behind the billionaire exodus, the debate around the UK’s inheritance tax system, and how new rules like the end of the non-dom regime are pushing ultra-rich families to relocate to tax-friendly nations.

We explain:
🔹 What is Inheritance Tax (Death Tax)?
🔹 Why families like Lakshmi Mittal’s feared huge tax hits on global assets
🔹 How the UK’s tax reforms triggered a “billionaire flight”
🔹 Which countries have ZERO inheritance tax
🔹 How wealth migration affects the UK’s economy
🔹 Is the ‘Death Tax’ fair or a form of double taxation?
🔹 Why the ultra-rich are choosing Dubai, Singapore, Monaco & Switzerland
🔹 What this means for the future of the UK’s economic power

This video also analyses the broader debate:
Is inheritance tax justified in today’s world?
Or is it simply a penalty for dying wealthy?

#uknews #inheritancetax #lakshmimittal #deathtax

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