When the UK abolished its “non-domiciled” (non-dom) tax regime in 2024, most expected fiscal changes. Few anticipated a cultural shift—especially among wealthy investors deeply rooted in British society. Anne Kaplan, a Canadian entrepreneur, television personality, and long-time London resident, shocked many by listing her luxury estate and leaving the country. Despite being fully integrated into British life, she joined a wave of ultra-high-net-worth individuals now seeking friendlier tax and investment environments.
Her story reveals a new reality: London is no longer the secure, long-term base it once was, and destinations like Dubai and Italy are becoming top choices—even for those who once called the UK home.
Anne Kaplan is a Canadian-born businesswoman and financial executive, best known as the CEO of iFinance Canada, a medical and consumer lending company. She also gained public recognition through reality television and philanthropic work, making her a visible and influential figure.
Kaplan had long settled in London, where she owned a luxurious multi-million-pound property and actively participated in social and charitable events. Her sudden departure, therefore, wasn’t just personal—it was symbolic of a deeper investor sentiment shift.
The abolition of the UK’s non-dom tax status meant that foreign residents like Kaplan were now subject to taxation on their worldwide income, regardless of where it was earned or kept. This change significantly increased the tax exposure for global entrepreneurs, particularly those with diversified international assets.
For Kaplan and many others, the UK’s new tax regime was no longer compatible with long-term financial planning. As she explained in interviews:
“It’s not about not wanting to contribute—it’s about fairness, freedom, and preserving the ability to invest globally without being penalized.”
Kaplan ultimately relocated to Italy, which offers one of the most competitive tax packages for wealthy foreigners: a flat €100,000 annual tax on all foreign income, regardless of amount. This policy, introduced in 2017, has drawn elite investors from around the world.
But what caught attention was her remark in a public interview:
“Dubai was very much part of the conversation. It offers what London used to—except with more efficiency and fewer complications.”
Dubai may not have been her final choice, but it was clearly on the shortlist. Here's why:
The UAE remains one of the few countries with a full exemption on personal income and investment gains.
Setting up a company in Dubai is streamlined, with 100% foreign ownership and access to global financial infrastructure.
Long-term Golden Visas and digital residency options make it easy for entrepreneurs and investors to maintain flexibility.
Dubai offers world-class healthcare, education, real estate, and security—qualities high-profile individuals like Kaplan value.
Kaplan’s case is a powerful counter-example to the assumption that only tax-avoiders or offshore fund managers left the UK. In her case:
She was fully integrated into British society
She actively supported UK-based charities
She owned and maintained residential real estate in London
She had long-term staff, advisors, and personal ties
Her decision sends a clear message: even investors who love Britain’s lifestyle and community will reconsider their presence if financial conditions deteriorate.
As London’s allure fades, Dubai is becoming more than a commercial hub. It is:
A safe haven for wealth
A stable base for investment diversification
A globally connected city for individuals who demand both privacy and prosperity
Dubai doesn’t just appeal to capital—it appeals to people who live active, high-profile lifestyles and still need a place to call home.
Anne Kaplan’s exit from the UK, despite deep personal ties, reflects a growing trend: emotional connection is no longer enough to overcome economic inefficiency. Countries like Italy and cities like Dubai are now seen not just as alternatives, but as evolved destinations that better meet the financial and lifestyle needs of modern investors.
Whether one is a founder, philanthropist, or celebrity, the UAE is making its case as a strategic, sustainable, and secure home for global wealth.
At Bonne Apart, we help global investors navigate real estate, lifestyle planning, and financial setup in the UAE. If you're rethinking your position in the UK or elsewhere, we can help you unlock Dubai’s full potential.
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