Shocking migration: 250,000 people leave a European country in just 12 months!

 

London 

Shocking migration: 250,000 people leave a European country in just 12 months!

Official government figures in Britain revealed that more than a quarter of a million citizens emigrated from the country, leaving Britain, during the past year alone, while the government said that this number is more than three times the rate that was expected.
A report published by the local newspaper "Evening Standard" and seen by "Al Arabiya Business" stated that 257,000 British citizens left the country in the year ending in December 2024, compared to the previous estimate of only 77,000.

The Office for National Statistics reported that net migration, the difference between the number of people moving to Britain long-term and the number leaving, was previously based on the International Travelers Survey, but that this survey "exceeded its original purpose" and used a small sample, so it was no longer considered a reliable measure. This prompted the Office to review its statistics and figures and discover that the real number of British citizens emigrating abroad was 257,000 last year, not 77,000 as previously thought.

According to the office, the current estimates were reached using more accurate and comprehensive data from the Department for Work and Pensions, which includes everyone with a National Insurance number, and which can be used to determine the potential immigration status of individuals in Britain.
This comes amid reports that Britain is on track to lose a record 16,500 millionaires this year, amid rising taxes and a crackdown on wealthy people living in Britain who do not pay taxes or benefit from tax breaks that are being worked out to be abolished.

wealth migration

This exodus from Britain is part of a "historic wave of wealth migration," as other countries compete with Britain for capital, according to the Henley Private Wealth Migration Report.
Retired footballer Rio Ferdinand has left Britain and moved to Dubai in the United Arab Emirates, citing high taxes and deteriorating public services as the reasons for the move.
The former Manchester United and England star said: "There are things falling apart and going wrong in the country, and then I sit and wonder: Are we really paying taxes for what benefits the people here? That's the most important question that needs answering, and I think many of us know the answer."
Herman Narula, the head of Improbable Technologies, a company valued at £2.5 billion, has previously stated that he is preparing to emigrate from Britain to the UAE because of a government tax designed to prevent the wealthy from evading taxes by moving their fortunes abroad.
Among those who reportedly left were Richard Gnod, CEO of Goldman Sachs, and Nick Storonski, co-founder of Revolut.

Net migration to Britain

Net migration to Britain in recent years peaked at a level slightly higher than initially expected, and has since fallen sharply, according to new figures.
The figures indicate that net migration peaked at 944,000 in the fiscal year ending March 2023, compared with the previous estimate of 906,000 for the fiscal year ending June 2023.
This was followed by a sharper decline than initially reported, with net migration in the financial year ending December 2024 now estimated at 345,000, down from the original estimate of 431,000 published by the Office for National Statistics in May of this year.
According to Mary Gregory, director of population statistics at the Office for National Statistics, the office has been looking for different data sources to revise its estimates after the 2021 census showed that the International Travelers Survey underestimated the number of Britons abroad.
She said: "Understanding long-term international migration patterns of British citizens has been and always will be difficult given the huge number of Britons who cross borders every day."