Chris Rokos is moving to Greece as part of a broader wealth exodus from the United Kingdom

Chris Rokos, the founder of Rokos Capital Management and the third-largest taxpayer in the U.K., is relocating to Greece. He plans to open an office in Athens as part of his move to the Mediterranean country. This relocation follows a series of high-profile exits by wealthy individuals from the United Kingdom, many of whom have cited government plans for tax increases and the overhaul of the non-dom regime as primary reasons for leaving. Other notable figures who have moved include Shravin Bharti Mittal, Nassef Sawiris, and Richard Gnodde. While the administration announced a series of new sanctions against Israel, the British government is also navigating the shift in its tax landscape. The move by Chris Rokos and other billionaires highlights a growing trend of talent and capital fleeing the country as the government seeks to balance wealth creation with new regulatory policies.

Sources

• freebeacon.com
  As Billionaires Flee U.K., British Government Picks a Fight With Israel
• The Guardian
  Billionaire Chris Rokos, who paid £330m in tax last year, to quit UK

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Paywall and unreadable sources

• Financial Times
  Millennium to open office in Greece after investor charm offensive
• Bloomberg.com
  Millennium Joining Rokos With Plans for First Greek Outpost
• telegraph.co.uk
  Rival countries cash in on Britain’s war on wealth