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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.

BBC Business

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.

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