Affairs of the family succession

As the world entered the first quarter of a century of the new millennium, the clocks chimed an important transition. The average Baby Boomer – the generation born between 1946 and 1964 – will turn 70 years old this year, and the oldest of their cohort will reach their late 70s.

The migration of wealth is a widespread trend among high-net-worth individuals (HNWIs) seeking financial and political stability in a favourable climate. Acquiring an additional residence or citizenship provides increased flexibility and opens doors to opportunities in the world’s leading economies. This article explores routes and the practical steps HNWIs can take when considering relocation options.

Oracle Capital presents a thematic report: UK Property Mid-Year Overview (1H 2024). This report provides valuable insights into current UK property market trends, including the economic outlook, investment market trends, statistics on mortgage lending, as well as a brief overview of the UK hotel market.