The global migration shake-up: Tracy Evlogidis quoted in City Wealth on Americans relocating to the UK
In today’s climate of geopolitical shifts and economic uncertainty, high-net-worth individuals and professionals are reconsidering their long-term residency plans. Immigration trends are rapidly changing, with Dubai, Italy, Monaco, and the UK emerging as key destinations. The UK is particularly attractive to Americans seeking stability, opportunity, and cultural familiarity. City Wealth explores these trends in a recent article in which our Head of Immigration, Tracy Evlogodis shares her insights on the influx of Americans looking to relocate to the UK.
Tracy notes a significant rise in this trend compared to eight years ago. ‘Clients are serious and quite vocal about their reasons for wanting to leave the US. Over recent months, the increase in actual instructions, not just exploratory conversations, has been significant. These instructions range from married couples, where one partner is a US national and the other is British, to business people who fear the conditions that may be imposed upon their operations.’
She added that several of her recent instructions have come from ‘high-profile individuals, particularly in the legal sphere, that have clashed with the current administration in the past and now fear the repercussions. These individuals have built their professional careers in the US and now feel they can no longer stay.’
Tracy has also seen an ‘increase in US nationals who have held permanent residence in the UK for many years and now feel the impetus to secure British nationality and, more importantly, a British passport. It is clear that many US nationals now feel uncomfortable remaining in their home country, making the UK an increasingly appealing alternative.’
Subcribe to news and viewsClients are serious and quite vocal about their reasons for wanting to leave the US. Over recent months, the increase in actual instructions, not just exploratory conversations, has been significant.
https://www.citywealthmag.com/news/the-global-migration-shake-up-why-the-wealthy-are-moving-where-theyre-heading-next/?utm_term=0_-e9cdd474f6-236989540&mc_cid=ae797e88f9
