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Chris Rokos Opens Athens Office After £330M UK Taxes

9/9/2026

18 2 Full Breakdown

Summary

Rokos Relocates Greece

Chris Rokos is relocating to Greece and opening an office in Athens.
He paid £330 million in UK taxes last year, the third-largest amount among British taxpayers.
Greece offers qualifying ultra-wealthy a flat €100,000 annual tax on overseas income.
Rokos pledged a £190 million donation to Cambridge University to create a namesake school of government.
Cambridge said the gift is the largest single donation to a British university in modern times.

Summary

Middles Exit UK

Shravin Bharti Mittal, Nassef Sawiris, and Richard Gnodde are exiting the UK tax system.
The UK residence-based tax system taxes foreign income after four years and inheritance after ten years.
Official data show a 0.5% drop in non-dom residents to 73,400 in the tax year ending April 2025.
Italy attracts wealthy with a €300,000 flat tax on foreign-sourced income, higher than Greece’s €100,000 rate.

History

Historical Context

The United Kingdom’s residency-based tax rules, exemplified by the 2010 Finance Act’s 50% additional-rate band, have long attracted wealthy expatriates. International responses such as the 2010 FATCA reforms and the OECD’s Common Reporting Standard now pressure similar incentives, prompting renewed debate over the UK’s residence regime among policymakers and the public.

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Rokos Relocates Greece

Chris Rokos is relocating to Greece and opening an office in Athens.
He paid £330 million in UK taxes last year, the third-largest amount among British taxpayers.
Greece offers qualifying ultra-wealthy a flat €100,000 annual tax on overseas income.
Rokos pledged a £190 million donation to Cambridge University to create a namesake school of government.
Cambridge said the gift is the largest single donation to a British university in modern times.

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