Hedge fund founder Chris Rokos is reportedly leaving the UK to become another high-paying taxpayer and financial celebrity in the country who chose to leave. According to a person familiar with the matter, the founder of Rokos Capital Management is moving his place of residence to Greece. This move is a major benefit for Greece; in contrast, it is a blow to Britain. Greece previously introduced relevant rules to allow some foreigners to pay a fixed tax of 100,000 euros per year on all their overseas income. After the UK abolished its long-standing non-native tax system and raised various tax burdens, including private equity investments, estates, and capital gains, a number of well-known financiers and business leaders have chosen to leave.

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