'A Huge Mistake': Angermayer Slams UK Wealth Tax Plan After Exit.

Christian Angermayer, a cryptocurrency, biotech, and psychedelics investor, has left England for Lugano, Switzerland, due to the UK's plans to raise taxes on offshore wealth of affluent residents. Angermayer, a German native who lived in the UK for the past decade, explored relocating to New York and Dubai as well. The UK's political parties have targeted non-domiciled residents, including top bankers and multibillionaires, to raise funds for spending on voters. Angermayer criticized the planned changes to the non-dom framework, calling them a "huge mistake" and potentially a bigger act of national self-harm than Brexit. [Extracted from the article]