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Why are UK millionaires relocating abroad? In this episode, we break down the rise in emigration, tax implications for entrepreneurs, and why places like Dubai are becoming the new hub for wealth. We also explore smart tax strategies, digital nomadism, and the future of UK business. Josh is the founder of Thomas & Co International, a 30+ plus person award-winning accounting and management consulting firm helping business owners protect their assets, reduce their taxes, and build real, lasting wealth. They've won 6 recognised industry awards and received over 125 five-star reviews for helping entrepreneurs rethink how they structure, scale, and safeguard their businesses both in the UK and internationally. Outdated advice is leaving business owners overpaying tax, exposed to risk, and missing life-changing opportunities to exit their businesses and create generational wealth. Josh's mission is to change that for as many entrepreneurs as he can through free content, and direct services. If you have a tax question, or you're curious about working with Josh, and his team. Follow him on Instagram at @joshthomas.accountant and message him 'CEOCAST' CEOCAST LIVE 2025 IS HAPPENING! Get your tickets using the link below: https://www.tickettailor.com/events/c... Follow CEOCAST On All Platforms Here! Instagram: / ceocast Youtube: / ceocast Follow Raheem Here: / raheemka @MrCEOX Follow Josh Here: / joshthomas.accountant Free Newsletter 'The Tax Saving Club' - https://form.taxsavingclub.co.uk/the-... ______________________________________________________ Listen to the audio version whilst on the go on Apple Podcasts and Spotify! "THE CEO CAST" Spotify: https://open.spotify.com/show/2HU7OJ8... Apple Podcast: https://podcasts.apple.com/gb/podcast... Work with us/collaborations: [email protected] Timestamps: 00:00:00 Why Millionaires Are Fleeing the UK 00:03:11 Impact of Millionaires Leaving the UK 00:06:48 Incentives for Keeping Millionaires in the UK 00:10:14 Increasing UK Emigration: A Trend Analysis 00:13:36 Embracing the Digital Nomad Lifestyle 00:17:08 Tax Implications for UK Entrepreneurs 00:20:40 Navigating UK Business and Relocation 00:24:12 Entrepreneur Tax Strategies: Structure and Lifestyle Choices 00:27:54 Tax Deductibility of Luxury Cars for Business Branding 00:31:28 Using Branded Merchandise for Business Marketing 00:35:00 Navigating Director's Loan Accounts and Tax Implications 00:38:21 Challenges of Relocating for Tax Benefits 00:42:01 Understanding the Commitment of Relocating for Entrepreneurs 00:45:31 Tax Implications for UK Entrepreneurs Moving Abroad 00:49:11 Preparing for a Move to Dubai: Key Considerations 00:52:50 Facing Changes in the UK Accounting Landscape 00:56:28 Evaluating the UK's Potential for Entrepreneurs 01:00:00 Evolving the CEO Podcast: A New Vision 01:03:22 Building a Community and Serving at Scale 01:06:47 The Power of Networking and Opportunity