Why UK Millionaires Are Investing in Overseas Properties in 2024
The financial landscape for UK millionaires is changing rapidly. According to the Millionaire Tracker 2024 report, the UK is expected to lose 20% of its millionaire population by 2028, largely due to rising taxes and unfavourable changes to the non-dom regime. As a result, many UK millionaires are seeking overseas property investments to diversify their wealth and safeguard their financial future.
Countries like France, Spain, Portugal, and Mauritius have emerged as prime locations for UK millionaires to invest. These destinations offer favourable tax regimes, strong rental markets, and properties that hold long-term value. Additionally, these properties often serve a dual purpose—providing a beautiful holiday home while simultaneously offering significant financial returns through high rental demand.
Tailored Property Investment Solutions for Diverse Portfolios
At Worldwide Property, we understand the financial complexities faced by high-net-worth individuals. With diverse income streams such as stocks, shares, and bonuses, specialized strategies are essential. We ensure that portfolios are presented clearly to international banks. Our expertise simplifies the mortgage process, reducing delays and avoiding pitfalls. We help clients invest in tax-efficient properties that align with personal financial goals and provide long-term value.
As the UK’s financial environment evolves, securing overseas property is a solid way to protect assets and build a legacy. Whether you’re seeking a personal retreat or a high-yielding investment property, we guide you through every step of the process
Contact us to find out how we can assist in securing tax-efficient properties overseas that strengthen your financial future.
