Chris Rokos, the hedge fund billionaire ranked third on The Sunday Times list of Britain’s top taxpayers after paying £330m last year, has decided to leave the UK for Greece and plans to open an office in Athens, according to reports first published by Bloomberg.
His representatives declined to comment, and his reasons for the move are not publicly known.
Greece allows foreigners who meet certain criteria to pay a flat annual tax of €100,000 (£86,000) on all overseas income, however much they earn.
Rokos’s departure follows that of the steel magnate Lakshmi Mittal, who moved his tax residency to Switzerland after the abolition of non-dom status, as Business Matters has reported.
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