Crypto Billionaire Angermayer Flees UK Taxes for Switzerland’s Bitcoin Haven
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 01 2024Christian Angermayer's Move: Crypto billionaire Christian Angermayer relocated from the UK to Switzerland due to impending tax reforms that would limit non-dom tax status, prompting concerns among wealthy individuals about higher tax burdens in the UK.
Impact on UK's Financial Landscape: Angermayer's departure highlights a trend of wealthy individuals leaving the UK for more favorable tax jurisdictions, potentially undermining the UK's position as a leading global financial center and affecting its growing crypto sector.
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.
