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By Yacine DIALLO, Partner Tax Pierre-Philip LEROUX-MOGA, Associate Tax, Charles Russell Speechlys – Luxembourg (Avocats)
“One millionaire leaves Britain every 45 minutes under Labour” – The Telegraph, 8 January 2025.
As the global population of high-net-worth individuals (HNWIs) grows and their wealth expands(1), the world is on the cusp of the largest intergenerational transfer of family wealth in history – all set against a backdrop of profound uncertainty. While private wealth continues to burgeon, the economic situation of some major countries languishes and, as a consequence the world is witnessing an unrivalled migration of HNWIs. This multifaceted shift of wealth is taking place in a global unstable climate, where some...
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