Famous tech entrepreneur Herman Narola has announced his intention to move to Dubai before the UK's expected introduction of an 'exit tax' on the wealthy. According to him, this step is a direct consequence of the anticipated tax changes. Narola emphasized that Dubai offers more favorable conditions for living and business, making it an attractive choice for many affluent individuals. His decision reflects a growing trend among entrepreneurs and investors to seek alternative jurisdictions amid tightening tax legislation in Europe and North America.
