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Christopher Rokos’s Greece Move Highlights UK Tax Competition
Christopher Rokos is a very wealthy hedge fund manager who is moving his tax home from Britain to Greece.
He reportedly paid about £330 million in UK tax last year.
Greece has a special tax plan for some wealthy people who move there.
Under the plan, they can pay €100,000 each year on income earned outside Greece for up to 15 years.
They usually must not have lived in Greece for seven of the past eight years and must invest at least €500,000 there.
Britain ended its older non-dom tax system in April 2025.
Some people say Britain’s new rules could encourage wealthy residents to leave.
It is not clear whether taxes were the main reason for Rokos’s decision.
Christopher Rokos reportedly paid about £330 million in UK tax in 2025.
The billionaire hedge fund manager is moving his tax residence from the United Kingdom to Greece.
Greece allows qualifying wealthy newcomers to pay €100,000 annually on foreign income for up to 15 years.
The United Kingdom abolished its non-dom regime in April 2025 and replaced it with a more limited four-year regime.
Rokos’s move has renewed debate over whether Britain risks losing wealthy taxpayers, investors and job creators.
- Who
- Christopher Rokos, founder of Rokos Capital Management, is moving his tax residence; the change affects the United Kingdom and Greece.
- What
- Rokos is relocating his tax residence from the United Kingdom to Greece, highlighting differences between their tax systems for wealthy international residents.
- Where
- Rokos is moving his tax residence from the United Kingdom to Greece.
- When
- The move follows the United Kingdom’s abolition of its non-dom regime in April 2025; Rokos reportedly paid about £330 million in UK tax in 2025.
- Why
- The article does not establish the decisive reason for the move, but it compares Greece’s long-term foreign-income tax regime with Britain’s replacement system.
Critics of Britain’s New Approach
Supporters of the Change
Tax competitiveness
Critics of Britain’s New Approach
Britain may lose wealthy taxpayers, investors and job creators because its replacement for the non-dom regime is more limited than Greece’s arrangement.
Supporters of the Change
Britain ended a long-standing system that allowed some non-domiciled residents to receive certain foreign income and gains without immediately bringing them into the UK tax net.
Impact of wealthy departures
Critics of Britain’s New Approach
Rokos’s reported £330 million contribution illustrates the potential cost of losing highly taxed residents from the UK system.
Supporters of the Change
Britain may still retain wealthy individuals’ businesses, investments and property interests even if their personal tax residence changes.
Reason for Rokos’s move
Critics of Britain’s New Approach
The timing makes the change appear connected to Britain’s new tax rules and Greece’s more predictable long-term regime.
Supporters of the Change
The article says it is not clear whether tax was the decisive factor in Rokos’s personal decision.
Key facts
- Reported UK tax paid
- About £330 million in 2025
- Greece foreign-income tax
- A flat €100,000 annually for qualifying residents
- Maximum duration
- Up to 15 years
- Greek eligibility conditions
- Applicants generally must have been non-resident for seven of the previous eight years and invest at least €500,000 in Greece
- UK non-dom regime
- Abolished in April 2025
- Rokos Capital Management
- Manages more than $20 billion, according to the article
- Rokos’s estimated fortune
- Around $4 billion
Sources
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