In this episode, Ato speaks with Peter Ferrigno, Director of Tax Services at Henley & Partners who is the global leader in residence and citizenship planning.

We discuss:
- Why so many Millionaires are leaving the UK

- How Millionaires leaving the UK impact it’s economy

- The countries with the lowest tax rates

- What you should consider before moving abroad

- How to protect your financial future and much more

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TIMESTAMPS
0:00 - Preview
1:11 - Intro
1:22 - Meet Tax Director, Peter Ferrigno
6:53 - Are more people leaving the UK now?
9:40 - The UK lost 16,500 Millionaires
15:03 - Why Capital Gains Tax Is Lower
23:12 - How do millionaires leaving the UK impact us?
28:26 - Should we care about millionaire leaving the UK?
34:04 - How many more millionaires will leave the UK in 2025?
34:24 - Where are millionaires moving to?
42:22 - Getting citizenship by investment
43:11 - The Italian Tax System
43:59 - Why do countries want millionaires ?
48:21 - Why is the every day person leaving the UK?
50:23 - Opportunities of staying in the UK?
53:05 - People are coming to the UK
54:28 - Impact of scrapping Capital Gains Tax
56:12 - The 60% tax trap
59:09 - Don’t reduce peoples personal allowances!
1:02:54 - Make it easy for people to spend money
1:06:27 - Countries in the world with the highest taxes
1:12:54 - Practical steps to protect your financial future
1:19:07 - Budgeting and financial planning
1:23:44 - Simple ways to reduce tax
1:26:16 - Common tax pitfalls to be aware of
1:28:29 - What would stop people from leaving the UK?
1:35:49 - Key lessons from 35 years in tax
1:38:36 - Advice for moving abroad
1:40:59 - Which countries has the lowest tax rates in the world
1:45:04 - Final words

Disclaimer: The information contained on this video is not intended as, and shall not be understood or construed as, financial advice. I am not a financial advisor and the information in this video is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.

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