Billionaire Christian Angermayer Leaves UK for Lugano Amid Tax Concerns
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 29 2024Christian Angermayer's Relocation: Billionaire investor Christian Angermayer has moved from the UK to Lugano, Switzerland, due to impending tax increases on offshore wealth, which he criticizes as detrimental to the economy and a catalyst for high-net-worth individuals leaving the UK.
Lugano as a Crypto Hub: Lugano has become a significant Bitcoin hub with around 250 merchants accepting Bitcoin and partnerships aimed at enhancing crypto-friendly payment systems, making it an attractive location for investors like Angermayer who are involved in cryptocurrency ventures.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
