One thousand non-doms leave the UK, more to follow

Local high net worth individuals are also leaving

At least one thousand non-domiciled UK residents and wealthy individuals have quit the UK in the wake of recent tax hikes, estimates Knight Frank, the UK upmarket estate agent.

A new survey from the estate agent found that up to 1,000 property sales in the £1m to £2m price bracket have happened since the removal of resident, non-dom tax privileges in April 2008.

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