Farage Promises Non-Doms Tax Protection on Overseas Assets (1)

Nigel Farage said his Reform UK Party would “bring back” wealthy foreigners who have left Britain by giving them a full exemption from taxes on their overseas assets in return for a once-a-decade fee that would fund cash payments to low-income workers.

At a London press conference Monday, Farage indicated he was particularly targeting those who have have moved to Italy, which has a similar policy and just increased the fee that it charges in return for granting so-called non-domiciled status.

“We’re taking you on,” Farage said in a London press conference when asked if he had a message for ...