… according to a Lloyds TSB survey published yesterday.
Against the current economic backdrop, new research raises concerns that many wealthy people are considering leaving the UK. Some 36% of people with more than GBP250,000 of savings and investments would like to move abroad. 14% say they are likely to leave in the next two years.
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The survey of wealthy individuals was commissioned by Lloyds TSB International Wealth in the first of a new series of reports about wealthy people’s attitudes to emigration.
High taxes are cited as one of the key reasons for wealthy people to consider a move overseas — some 35% of respondents said tax rates may prompt them to leave the UK. The only more common selections were the weather (44%) and crime and antisocial behavior (43%).
The highest proportion of wealthy leavers want to come to France.
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