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UK's third-biggest taxpayer to leave for Greece

Chris Rokos plans to open an office in Athens, reports say, and was ranked third in the Sunday Times's list of the UK's top taxpayers.

By Nexvoro Tech Wire
PUBLISHED TUE, SEP 8, 2026 9:22 AM UTC6 MIN READ

KEY POINTS

  • Primary coverage dispatched via BBC Business.
  • Signals noteworthy shifts in sector dynamics and operational developments.
  • Comprehensive factual details verified from official publication records.
  • Objective, non-partisan journalistic standards preserved.
UK's third-biggest taxpayer to leave for Greece
PHOTO VIA BBC BUSINESSNEXVORO EDITORIAL WIRE

Primary Journalistic Dispatch & Direct Reporting

Image source, University of Cambridge/PA Media By Raphael Sheridan  and  Mitchell Labiak , Business reporters Published 58 minutes ago A hedge-fund billionaire and one of the UK's richest taxpayers has decided to leave the UK for Greece, the BBC understands.

Chris Rokos plans to open an office in Athens, according to reports. Greece has generous tax rules for wealthy foreigners earning overseas income.

Rokos was ranked third in The Sunday Times list of Britain's top taxpayers, having paid £330m last year, and in March said he would donate £190m to Cambridge University.

In-Depth Developments & Factual Context

Rokos's representatives declined to comment. A government spokesperson said: "The UK remains an attractive destination for talent and investment".

"The chancellor has made wealth creation one of his top priorities," the spokesperson said, adding that the UK has "a competitive and stable tax system, deep capital markets, world-class universities and a highly skilled workforce".

It is not publicly known why Rokos has made the decision, which was first reported by Bloomberg, but Greece's tax-rules are seen as attractive to the ultra-wealthy.

Industry Impact & Strategic Analysis

They allow foreigners who meet certain criteria to pay a flat yearly tax of €100,000 (£86,000) on all overseas income.

Rokos's decision comes ahead of UK Chancellor John Healey's first Budget on 28 October.

In an interview with the BBC on Monday, Healey did not rule out tax increases in the Budget, with a recent increase in government borrowing costs piling pressure on the public finances.

Forward Outlook & Market Perspective

He refused to comment on any decisions about tax, promising only to "balance the books" and "control public spending".

Chancellor calls for 'confidence about Britain' despite 'historic high' borrowing costs

British billionaire to donate £190m to Cambridge University

In March, Cambridge University said the money from Rokos would be "the largest single donation made to a British university in modern times".

It will be used to create a school of government in Cambridge named after him with the aim of training leaders of the future. It is set to open this autumn.

Despite his generosity to Cambridge, Rokos is an Oxford graduate, having studied mathematics at Pembroke College.

Reporting synthesized and verified under Nexvoro.tech editorial guidelines. Full primary records referenced via BBC Business.

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Reporting synthesized under Nexvoro.tech Editorial Standards • Referenced via BBC Business
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