Wealthy divorcees race to leave Britain before the Budget
High net worth divorcees are rushing to relocate amid rumours of wealth taxes and a raid on international assets, but it’s more complicated than they think, says Sophie Chapman
Conflict resolution is a growth area and England (London in particular) undoubtedly remains a magnet for wealthy international couples seeking to resolve their disputes. Recent decisions in cases such as Standish have reassured wealthy individuals that courts will protect pre-marital assets. Conversely, the decision in the Potanin case indicates to international, financially weaker spouses that England is a safe haven for resolving their financial claims.
There is an emerging tug-of-war between England being the appropriate jurisdiction for wealth protection on divorce and protecting that wealth during a marriage’s lifetime as a result of changes to England’s tax regime.
After last year’s Budget and the changes to the non-domicile tax regime, Stewarts saw a flurry of international........





















Toi Staff
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