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UK's Third-Biggest Taxpayer Leaves for Greece

Taxing Consequences: When Generosity Meets Self Interest Chris Rokos's decision to leave the UK for Greece, taking an estimated £330m in tax revenue with him, has sparked a debate about the UK's attractiveness as a destination for ultra wealthy taxpayers.

On the surface, it seems like a classic case of one wealthy individual exploiting loopholes and opting out of contributing to the British exchequer.

Greece's tax rules for foreigners are indeed attractive, allowing those who meet certain criteria to pay a flat yearly tax of €100,000 on all overseas income.

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