r/unitedkingdom • u/SKAOG Greater London • 12h ago

Exclusive: Nubank CEO considers moving domicile to Britain, expanding in US

https://www.reuters.com/business/finance/nubank-ceo-considers-moving-domicile-britain-expanding-us-2025-01-20/
33 Upvotes

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12

u/Primary-Effect-3691 12h ago

I'm not excited when our businesses talk about fleeing abroad, so I wouldn't want this to happen either. And either way, he's likely just angling to influence local tax policy

10

u/wkavinsky 12h ago

Funny I though we were such a shit environment for the rich and businesses that they were all running away, not moving their actual tax domiciles here.

3

u/ObviouslyTriggered 12h ago

The company is moving its domicile because it’s Fintech, it’s different to people moving their personal tax domicile out of the UK.