Governments worldwide are increasingly turning to wealth and exit taxes as tools for post-pandemic fiscal recovery and inequality reduction. In a new analysis, Global Citizen Solutions outlines the legal, economic and strategic implications of this trend, highlighting recent developments in the United Kingdom, the United States, Spain, Colombia and beyond.
“We are witnessing a global trend toward taxing not just income, but the accumulation and movement of wealth,” says Patricia Casaburi, CEO of Global Citizen Solutions. “While these measures aim to address inequality and fund public spending, they also raise real concerns about legal certainty, investor confidence, and the long-term competitiveness of high-tax jurisdictions.”
From April 2025, the United Kingdom has abolished its long-standing non-domicile regime, replacing it with a residence-based tax system that eliminates the remittance basis for foreign income and gains. Long-term residents will now face g
