Why the UK Remains Attractive to US Wealth Owners
min readIt was reported in 2025 that wealthy US nationals and Green Card holders were asking about moving to the United Kingdom. As a seasoned migration advisor, here’s my take.
People are always moving. The reasons why wealth owners and wealth generators decide to come to or leave the UK is always different.
Here’s my top 5, in no particular order:
- Children. The UK has world class education facilities and a lot of clients want to give their children the best possible start. It is reported that private school fees are over £16,000 cheaper in the UK than the US, even with VAT now being charged on private school fees.
- Business. Wealth generators from the US may already have an international business with a footprint in the UK that they can either work for or exit from.
- Property. With the reported exodus of ‘non-doms’ from the UK, some clients see an opportunity to buy UK property at a discount.
- Tax. With the UK tax changes in April 2025, they may be entitled to beneficial treatment if they become tax resident in the UK under the new ‘FIG’ regime.
- Lifestyle. Whilst Brits are well known for complaining about the weather or transport disruption, the UK still offers a wide array of cultural, sporting, historical and recreational activities that people of all ages can enjoy.
Those thinking of making the move will need to get both immigration and tax advice pre-arrival, which can be complex and time consuming. The benefits of doing so can be a second passport (both the UK and the US allow dual nationality), and a good property investment.
In the meantime, US nationals visiting the UK for short-term tourism or business should remember to apply for an Electronic Travel Authorisation (an ETA) before they travel as this is now required to visit the UK. This is also required for European visitors to the UK.
UK immigration law and policy is subject to regular change. If you have any questions about relocating to the UK or Europe, please contact Paul McCarthy.
