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UK Passport Drops to 35th in Nomad Capitalist Index

A private ranking cites recent tax changes alongside the end of non‑dom status as key drivers.

Overview

  • The latest Nomad Capitalist Passport Index records a fall from 21st to 35th for the UK, the sharpest decline among G7 countries.
  • The firm says tax reforms and weaker mobility competitiveness have made the UK less attractive to global entrepreneurs and internationally mobile families.
  • Specific policies highlighted include the abolition of non‑dom status, freezes to income‑tax thresholds, higher taxes on dividends and property income, and a new levy on high‑value homes.
  • Ministers point to cost‑of‑living actions, citing the scrapping of the child‑benefit cap, a rail fare freeze, and expanded childcare support.
  • Malta ranks first, several European countries overtake the UK, and the United States places 43rd, with concerns over UK press freedom and surveillance also noted.