{"id":206918,"date":"2025-06-23T05:37:12","date_gmt":"2025-06-23T05:37:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/206918\/"},"modified":"2025-06-23T05:37:12","modified_gmt":"2025-06-23T05:37:12","slug":"uks-britannia-card-all-about-nigel-farages-plans-to-charge-rich-expats-250000-to-give-to-the-poor","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/206918\/","title":{"rendered":"UK&#8217;s Britannia Card: All about Nigel Farage&#8217;s plans to charge rich expats \u00a3250,000 to give to the poor"},"content":{"rendered":"<p><a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#NRI#href\" href=\"https:\/\/m.economictimes.com\/topic\/reform-uk\" target=\"_blank\" rel=\"noopener\">Reform UK<\/a>, Britain&#8217;s right-wing populist political party, has announced a plan called the \u201cBritannia Card,\u201d which would grant wealthy foreigners and returning British citizens a <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#NRI#href\" href=\"https:\/\/m.economictimes.com\/topic\/10-year-residence-permit\" target=\"_blank\" rel=\"noopener\">10-year residence permit<\/a> and tax benefits in exchange for a one-time fee of \u00a3250,000. The proposal would reintroduce the controversial \u201cnon-dom\u201d status, allowing cardholders to pay no UK tax on offshore income and avoid inheritance tax.<\/p>\n<p> Reform UK\u2019s party leader, <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#NRI#href\" href=\"https:\/\/m.economictimes.com\/topic\/nigel-farage\" target=\"_blank\" rel=\"noopener\">Nigel Farage<\/a>, announced the policy and said it would \u201cencourage the return of wealth and talent to the United Kingdom\u201d by offering a \u201cstable, indefinite remittance-style regime\u201d and a 20\u2011year inheritance tax shield. The scheme is aimed at making the UK attractive for wealthy individuals, he said.<\/p>\n<p> <strong>How low-paid workers would benefit<\/strong><br \/> Reform UK says the \u00a3250,000 paid by each cardholder would go directly to low-paid workers. According to the party, about 2.5 million low-paid Britons could receive a tax-free annual bonus of \u00a3600\u2013\u00a31,000, delivered automatically via HMRC. Under the plan, if 6,000 cards are issued, it would raise \u00a31.5 billion, enough to give about 2.5 million workers a \u00a3600 annual bonus. At 10,000 cards issued, the fund would rise to \u00a32.5 billion, yielding about \u00a31,000 per worker.<\/p>\n<p>(Join our <a rel=\"nofollow noopener\" href=\"https:\/\/www.whatsapp.com\/channel\/0029Va9V0BjC6ZvjPiBmYB3S\" target=\"_blank\" data-ga-onclick=\"WhtsApChnl#Click_Web#NRI\">ETNRI WhatsApp channel<\/a> for all the latest updates)<\/p>\n<p>Farage added that \u201cour policy is simple \u2014 Britain must be a place where success is celebrated, not punished with excessive taxes, crippling energy costs, or punitive inheritance levies.\u201d He said the scheme was \u201cnot a \u2018<a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#NRI#href\" href=\"https:\/\/m.economictimes.com\/topic\/golden-visa\" target=\"_blank\" rel=\"noopener\">golden visa<\/a>\u2019 or a backdoor to citizenship\u201d but \u201ca one-time flat tax paid by newcomers in exchange for the certainty of a favorable tax status.\u201d<\/p>\n<p><img decoding=\"async\" alt=\"ET logo\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/118783427.cms.png\" width=\"90%\"\/>Live Events <strong>Details and questions about enforcement<\/strong><br \/> Individuals using the <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#NRI#href\" href=\"https:\/\/m.economictimes.com\/topic\/britannia-card\" target=\"_blank\" rel=\"noopener\">Britannia Card<\/a> would remain liable for standard UK taxes on income, property, and spending sourced within the country. But their offshore income and gains would be protected from UK tax for the agreed status period. Reform has yet to define thresholds for qualifying \u201chigh-net-worth newcomers\u201d or confirm how HMRC would implement and enforce the scheme. Labour has criticized the plan. A party spokesperson said to The Guardian, \u201cNigel Farage can brand this whatever he wants \u2013 the reality is his first proper policy is a golden ticket for foreign billionaires to avoid the tax they owe in this country. As ever with Reform, the devil is in the detail. This giveaway would reduce revenues raised from the rich that would have to be made up elsewhere \u2013 through tax hikes on working families or through Farage\u2019s promise to charge them to use the NHS.\u201d <strong>What now?<\/strong><br \/> Reform UK has not yet published a legislative draft or confirmed details for enforcement. The proposal arrives after Labour ended the long-standing \u201cnon-dom\u201d regime in April, and former Conservative Chancellor Jeremy Hunt announced plans to remove it. Reform UK aims to appeal to working people with direct cash bonuses, saying this approach will dominate \u201cred wall\u201d economic debates. The party now leads in many national polls, including a recent Sky\/YouGov tracker that put Reform at 34%, Labour at 25%, and the Conservatives at 15%.<\/p>\n","protected":false},"excerpt":{"rendered":"Reform UK, Britain&#8217;s right-wing populist political party, has announced a plan called the \u201cBritannia Card,\u201d which would grant&hellip;\n","protected":false},"author":2,"featured_media":206919,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[83139,748,83137,393,83142,4884,384,83138,1144,386,712,83140,16,83141,15,1764],"class_list":{"0":"post-206918","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"category-united-kingdom","9":"tag-10-year-residence-permit","10":"tag-britain","11":"tag-britannia-card","12":"tag-england","13":"tag-golden-visa","14":"tag-great-britain","15":"tag-nigel-farage","16":"tag-non-dom-status","17":"tag-northern-ireland","18":"tag-reform-uk","19":"tag-scotland","20":"tag-tax-benefits-for-foreigners","21":"tag-uk","22":"tag-uk-tax-policy","23":"tag-united-kingdom","24":"tag-wales"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114731066609911333","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/206918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=206918"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/206918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/206919"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=206918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=206918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=206918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}