Bharti Heir Shravin Mittal Leaves UK Over Tax Hikes, Relocates to UAE
Sunil Mittal’s Son Shravin Joins Wealthy Elite Moving to UAE Amid Rising UK Taxes
Shravin Bharti Mittal, The 37-year-old Heir To The Bharti Enterprises Empire, Has Officially relocated From The United Kingdom To The United Arab Emirates (UAE) Amid Growing Tax Burdens For The Ultra-wealthy In The UK, As Per A Recent Company Filing.
Shravin, The Son Of telecom Tycoon Sunil Bharti Mittal, Is Now Part Of A Rising Number Of High-net-worth Individuals Leaving The UK In Search Of tax-friendly Jurisdictions, Particularly Dubai And Abu Dhabi.
The Filing Confirms That Shravin Now Lists The UAE As His Official Country Of Residence, And Has Recently Established A New Abu Dhabi Branch For His Venture Capital Firm Unbound, Which Was Initially Founded In London.
The Move Follows Growing Concern Among UK-based Entrepreneurs And Investors Over increased Taxation And Regulatory Complexity, Especially After The British Government's Latest Policy Updates Targeting Wealthy Residents.
“This Shift Is Not Just About Taxes, It’s About Creating A Globally Optimized Lifestyle For Investors And Business Families,” Said A Global Wealth Advisor Who Tracks HNI Migration Trends.
Shravin’s Exit From The UK Also Reflects A Broader financial Migration Trend Seen Among Indian-origin Business Families, Who Are Increasingly Setting Up Base In Middle Eastern Economic Hubs, Where zero Income Tax Policies, relaxed Regulations, And strategic Global Connectivity Offer A Better Environment For Capital Growth And Mobility.
As Of Now, The Mittal Family Is Worth Over $27.2 Billion, According To Bloomberg, Placing Them Among India’s Top Industrial Families.
For More Exclusive Stories On business Empires, Billionaire Moves, Family Offices, And Global Wealth Migration, Follow THE JANTA VOICE.
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