Billionaire hedge fund founder Chris Rokos leaves UK for Greece after non-dom tax abolition
Chris Rokos, founder of Rokos Capital Management and Britain’s third-highest taxpayer, is relocating his tax residency from the UK to Greece. The move follows Labour’s abolition of the non-dom tax regime in April 2025, which made foreign income taxable in the UK. Greece offers a non-dom regime with a flat €100,000 tax on foreign income for up to 15 years, requiring a €500,000 investment. Rokos paid £330m in UK taxes in 2025.
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Hedge fund billionaire Chris Rokos moves tax residency from UK to Greece
Hedge fund manager Chris Rokos is relocating his tax residency from the United Kingdom to Greece, as Athens actively courts hedge funds and high-net-worth individuals. The move, reported by the Financial Times, highlights a growing trend of wealthy financiers seeking more favorable tax regimes in Europe following post-Brexit changes and increased UK tax burdens. Rokos, a prominent macro hedge fund manager, joins a list of billionaires shifting their fiscal domiciles to countries like Greece, which offers attractive tax incentives for foreign investors. This relocation underscores the competitive landscape among European nations to attract financial talent and capital, with Greece positioning itself as a hub for the hedge fund industry. The decision is expected to have implications for the UK's tax base and the broader European financial services sector.
Greece woos hedge funds with tax incentives, persuading billionaire Chris Rokos to relocate
Greece is actively courting hedge funds and wealthy financiers by offering attractive tax incentives, according to a Financial Times report. The Greek government has successfully persuaded billionaire hedge fund manager Chris Rokos to relocate his tax residency to Athens. Officials have also held discussions with other funds that may be drawn by the favorable tax regime. This strategy aims to boost Greece's financial sector and attract international capital, signaling a shift in the country's economic approach post-bailout. The move highlights Greece's efforts to position itself as a competitive hub for global finance, leveraging tax policy to lure high-net-worth individuals and investment firms away from traditional European centers like London.
Hedge fund founder Chris Rokos to leave UK, joining billionaire exodus
Chris Rokos, founder of the hedge fund Rokos Capital Management and one of the UK's top taxpayers, is set to leave the country. He joins a growing list of billionaires and high-profile individuals quitting Britain, a trend highlighted by Liza Tetley in the linked article. The move underscores ongoing concerns among wealthy taxpayers about the UK's tax environment and regulatory climate, prompting a wave of departures from the nation's financial elite.
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Britain loses third-highest taxpayer Chris Rokos to Greece amid tax concerns
Chris Rokos, Britain's third-highest taxpayer and hedge fund billionaire, is leaving the UK to become a resident of Greece. The move follows Labour's abolition of the non-dom tax regime in April 2025, which made foreign income taxable in the UK. Greece offers a non-dom regime allowing a flat €100,000 tax on foreign income for up to 15 years, requiring a €500,000 investment. Rokos, whose hedge fund Rokos Capital Management oversees over $20bn, paid £330m in UK taxes in 2025—equivalent to 21,000 average households. He previously donated £1.9m to the Conservatives and recently gave £190m to the University of Cambridge. His departure comes amid speculation that Prime Minister Andy Burnham's government may raise taxes further, with the Chancellor John Healey facing an October Budget. Shadow Chancellor Andrew Griffith criticized the departure as 'bad news for all of us,' while Labour's Pat McFadden defended the UK as a great place to live and do business.
Billionaire hedge fund founder Chris Rokos to leave UK for Greece
Chris Rokos, the billionaire founder of Rokos Capital Management, is set to leave the United Kingdom and switch his residency to Greece. The move makes him the latest high-profile billionaire to exit the UK, a trend that has drawn attention to the country's tax and regulatory environment for wealthy individuals. Rokos, a prominent figure in the hedge fund industry, will relocate to Greece, though the specific reasons for his departure were not detailed in the announcement. The story was originally reported by an exclusive source linked in the post.