{"id":98185,"date":"2024-11-22T00:00:00","date_gmt":"2024-11-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/abu-dhabi-woos-uks-ultra-rich-as-tax-reforms-spark-exodus-concerns\/"},"modified":"2024-11-22T00:00:00","modified_gmt":"2024-11-22T00:00:00","slug":"abu-dhabi-woos-uks-ultra-rich-as-tax-reforms-spark-exodus-concerns","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/11\/22\/abu-dhabi-woos-uks-ultra-rich-as-tax-reforms-spark-exodus-concerns\/","title":{"rendered":"Abu Dhabi woos UK\u2019s ultra-rich as tax reforms spark exodus concerns"},"content":{"rendered":"

Abu Dhabi targets UK\u2019s rich: <\/strong>Bloomberg<\/a> highlighted Abu Dhabi\u2019s growing efforts to attract wealthy UK non-doms, as new tax reforms under PM Keir Starmer\u2019s Labour government push the ultra-wealthy to relocate, with others like Greece and Singapore also attempting to court them. The emirate held an exclusive event in London, organized by the Abu Dhabi Investment Office and ADGM, to promote its tax-friendly environment and rapidly expanding financial sector.<\/p>\n

The strategy seems effective: <\/strong>Jo Eccles, founder of Eccord, has warned that the UK could see a significant \u201cbrain drain,\u201d with affluent families and hedge funds already making moves. Even wealthy British residents are relocating \u2014 a member of the Kamani family, behind Boohoo Group, relocated to the UAE earlier this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

New tax reforms under PM Keir Starmer\u2019s Labour government pose a threat to the UK's ultra-wealthy<\/p>\n","protected":false},"author":1,"featured_media":98186,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1551],"tags":[1360,489,7,41,1448],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-98185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uae-in-the-news","tag-abu-dhabi","tag-adgm","tag-enterpriseam-uae","tag-uae-in-the-news","tag-uk","wpautop","entry"],"acf":{"mongo_id":"dc37c44c-1f08-48e9-8661-47078f129beb","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/2132.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Abu Dhabi woos UK\u2019s ultra-rich as tax reforms spark exodus concerns","related_issue":[98169],"teaser":"New tax reforms under PM Keir Starmer\u2019s Labour government pose a threat to the UK's ultra-wealthy","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.b2a09a52-03c6-4604-be65-99b88cff085f.mp3"},"yoast_head":"\nAbu Dhabi woos UK\u2019s ultra-rich as tax reforms spark exodus concerns - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/11\/22\/abu-dhabi-woos-uks-ultra-rich-as-tax-reforms-spark-exodus-concerns\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abu Dhabi woos UK\u2019s ultra-rich as tax reforms spark exodus concerns\" \/>\n<meta property=\"og:description\" content=\"New tax reforms under PM Keir Starmer\u2019s Labour government pose a threat to the UK's ultra-wealthy\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/11\/22\/abu-dhabi-woos-uks-ultra-rich-as-tax-reforms-spark-exodus-concerns\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-22T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2132.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/11\/22\/abu-dhabi-woos-uks-ultra-rich-as-tax-reforms-spark-exodus-concerns\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/11\/22\/abu-dhabi-woos-uks-ultra-rich-as-tax-reforms-spark-exodus-concerns\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Abu Dhabi woos UK\u2019s ultra-rich as tax reforms spark exodus concerns\",\"datePublished\":\"2024-11-22T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/11\/22\/abu-dhabi-woos-uks-ultra-rich-as-tax-reforms-spark-exodus-concerns\/\"},\"wordCount\":135,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/11\/22\/abu-dhabi-woos-uks-ultra-rich-as-tax-reforms-spark-exodus-concerns\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2132.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Abu Dhabi\",\"ADGM\",\"EnterpriseAM UAE\",\"UAE IN THE NEWS\",\"UK\"],\"articleSection\":[\"UAE IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/11\/22\/abu-dhabi-woos-uks-ultra-rich-as-tax-reforms-spark-exodus-concerns\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2024\/11\/22\/abu-dhabi-woos-uks-ultra-rich-as-tax-reforms-spark-exodus-concerns\/\",\"name\":\"Abu Dhabi woos UK\u2019s ultra-rich as tax reforms spark exodus concerns - 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