Residing in Dubai and Milan, but suing in London
Every day, we encounter tales of affluent individuals leaving the UK due to recent modifications in non-domicile tax laws. However, despite their physical relocation from London, these wealthy individuals are not truly parting ways with the city when it comes to tackling their most pressing legal challenges. Much like the guests from the Eagles’ classic “Hotel California,” the affluent may check out of London, but they remain loyal to its legal landscape.
### The Enduring Allure of London for High Net Worth Individuals
For high-net-worth individuals (HNWIs), London continues to be the principal hub for resolving intricate legal disputes. The city’s legal framework, judiciary, and specialized services are unrivaled on a global scale. This enduring appeal is echoed by prominent figures in legal history, such as Lord Denning, who stated that England provides a “good place to shop” for legal services due to its high-quality offerings and swift processes. Despite a shift in tax residence for the wealthy, the gravitational attraction of London’s courts remains undiminished.
Recent reports paint a dramatic picture of wealth migration from the UK. According to Henley & Partners, an eye-opening 10,800 millionaires left the country in 2024, marking a staggering 157% increase compared to the previous year. The decline in the number of UK billionaires also tells a compelling story, with the Sunday Times Rich List noting a drop from 165 in 2024 to 156 in 2025, the sharpest decrease in its 37-year history.
### Navigating Tax and Legal Jurisdictions
One notable aspect of this wealthy exodus is the critical distinction between tax residency and legal jurisdiction. While many HNWIs are choosing to relocate for more favorable tax arrangements, such as those found in Dubai, Milan, or Singapore, their legal needs often lead them back to London. Wealthy individuals frequently opt for English law to govern their commercial transactions, even when they reside elsewhere.
This inclination is driven by the robust legal ecosystem London offers. The city boasts a network of proficient legal and financial advisors who have established deep, trusting relationships with clients globally. When faced with legal disputes—whether personal or commercial—HNWIs instinctively turn to their familiar legal framework in London, ensuring their interests are well protected.
### The Global Legal Landscape and English Law’s Appeal
The ongoing relevance of London in the realm of private wealth is further illustrated by high-profile legal battles. Notable cases, such as the estate dispute of Russian billionaire Oleg Burlakov and a family conflict involving a cousin of Qatar’s ruler, showcase London’s status as a preferred venue for resolving high-stakes legal issues. Reports indicate that 75% of cases in the English Commercial Court involve international parties or events.
The impartiality and integrity of the English judiciary are significant assets in this context. Specializations in commercial, chancery, and family law are deep-rooted, with cases managed by judges experienced in complex legal entanglements. The clarity and precedent-based nature of English common law also make it an appealing choice for cross-border contracts, ensuring its continued use by parties globally.
### London: The Premier Venue for Resolution
Moreover, London provides not only a neutral but also a stable environment for adjudicating serious disputes. Whether dealing with politically sensitive cases or international business partnerships, London’s courts are characterized by procedural efficiency and well-enforced judgments. The UK is a signatory to the New York Convention, making arbitration outcomes from London enforceable in over 160 countries.
In addition to its legal infrastructure, London offers unmatched access to a range of services to support litigation, from asset tracing to mediation options. As wealthy individuals expand their investments globally, they often continue to rely on London as their legal safety net.
### Conclusion: A Shifting Yet Unyielding Landscape
Although many family offices may relocate to capitalize on tax incentives or friendlier regulations, they rarely abandon London altogether. The city remains an essential forum when personal reputations or family matters come into play. Even after relocation, the legal ties formed during their time in the UK can insist on their continued connection to London’s courts.
Ultimately, London’s influential role is evolving rather than diminishing. It is becoming less about mere wealth accumulation and more about ensuring that wealth is diligently protected and enforced. Hence, as tax regulations force individuals to seek frontiers anew, their legal roots and professional networks are deeply entwined with this iconic city. For those navigating the complex landscape of private wealth, London remains the unrivaled arena for resolving disputes and protecting valuable assets.
