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Chris Rokos Moves to Greece Ahead of UK Tax Rises

9/8/2026

22 3 Full Breakdown

Summary

Rokos Relocates

Chris Rokos, a £2.6 bn billionaire hedge-fund founder, is relocating to Greece because of expected UK tax rises.
He paid £330 m tax last year and ranked third on the Sunday Times Tax List 2026.
Greece offers foreign high-net-worth individuals a €100,000 flat tax if they invest €500,000 locally.
Shadow chancellor Andrew Griffith warned Rokos’s departure reduces job opportunities for young people.

Summary

Greece Lures Investors

Greece’s upgrade to investment-grade status and developed-market stock classification signals broader financial revival.
The new 15-year high-net-worth investor regime requires a €500,000 investment in Greek assets within three years.
New Greek rules prevent double taxation, keeping foreign-fund earnings taxed in their home jurisdiction.
Fund managers moving to Greece will face a 5% tax on carried interest.

History

Historical Context

Cyprus introduced a non-domiciled tax regime in 2005, drawing €2.5 billion and nearly 10,000 high-net-worth registrations by 2010 and later being labeled a tax haven during its 2013 bailout. Greece’s 2024 15-year investor program offers a €100,000 flat tax for €500,000 investment, prompting hedge-funder Chris Rokos’s move and criticism from Shadow Chancellor Andrew Griffith.

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Rokos Relocates

Chris Rokos, a £2.6 bn billionaire hedge-fund founder, is relocating to Greece because of expected UK tax rises.
He paid £330 m tax last year and ranked third on the Sunday Times Tax List 2026.
Greece offers foreign high-net-worth individuals a €100,000 flat tax if they invest €500,000 locally.
Shadow chancellor Andrew Griffith warned Rokos’s departure reduces job opportunities for young people.

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