Going, Going, Gone: UK Non-Dom Exits Quicken After Tax Perk Ends

Frederic de Mevius accumulated all the typical trappings of Britain’s super-rich over the past decade: a multimillion-pound Kensington and Chelsea home, a Mayfair office neighboring a five-star hotel for his investment firm and an advisory role supporting some of the nation’s famed cultural institutions.

The ninth-generation member of one of the world’s biggest dynastic fortunes now has something else that Britain’s wealthy are increasingly seeking out: a new life outside the UK.

De Mevius, a 66-year-old member of brewing giant AB InBev SA’s three founding families, switched his residency to his native Belgium within the past six months after ...