From London to Broward County, the 2024 UK non-dom tax reforms are driving one of the largest wealth migrations in British history. South Florida is a primary destination.
Guide for UK buyers purchasing property in South Florida. The 2024 non-dom tax changes are driving significant British wealth migration, FIRPTA, estate tax, Florida domicile planning, and the best Broward neighborhoods for British buyers.
The UK's April 2025 abolition of the non-domicile tax regime represents the most significant change in British tax law in a generation. Under the previous system, non-UK domiciled residents could avoid UK tax on foreign income and gains. The 2025 reform replaced this with a four-year Foreign Income and Gains (FIG) exemption for new arrivals, and nothing for long-term residents. For high-net-worth UK residents who had structured their affairs around non-dom status, the change is material. South Florida is one of the primary destinations being considered, alongside Dubai, Switzerland, and Singa...