Relocation to Athens

Billionaire hedge fund manager Chris Rokos is preparing to move his tax residency from the United Kingdom to Greece and open an office in Athens. Rokos, who founded Rokos Capital Management in 2015, oversees a macro investment firm managing approximately $20 billion in assets. His fortune is estimated between $3.1 billion and $4 billion in published wealth rankings. He ranked third on the Sunday Times Tax List after paying an estimated £330 million to the UK Treasury last year.

Greek tax incentives

The relocation follows Greek legislative efforts to attract wealthy foreign investors and asset managers. Athens provides a 15-year tax regime that allows qualifying foreign residents to pay a flat €100,000 annual levy on all income generated abroad. To qualify, applicants must invest at least €500,000 in Greek real estate, businesses, or corporate equity within three years of securing tax residency. In addition, Greece adjusted regulations during the summer to establish a 5% tax rate on carried interest for fund managers who relocate their tax base.

UK political debate on wealth taxation

The departure follows extensive adjustments to British fiscal policy, as the government phases out the traditional non-domiciled tax regime in favor of a four-year Foreign Income and Gains system. Other policy measures targeting high-net-worth individuals include higher taxes on private equity investments, inheritance, capital gains, and non-resident stamp duty. UK Chancellor of the Exchequer John Healey is scheduled to present his first Budget on 28 October 2026, aiming to balance public spending in response to higher government borrowing costs.

Shadow chancellor Andrew Griffith criticized the departure of high-earning taxpayers:

“Chris Rokos is Britain's third-highest taxpayer. He has made huge contributions to charities and educational causes across our country. Yet another wealth and job creator leaving Britain is bad news for all of us.”

Work and Pensions Secretary Pat McFadden defended Britain's commercial climate in a broadcast interview:

“I don't know the individuals, so I can't comment on his individual decisions, but I believe the UK is a great place to live.”

British background and assets

Born in London, Rokos attended a state primary school before securing a scholarship to Eton College and studying mathematics at Pembroke College, Oxford. In 2002, he co-founded Brevan Howard Asset Management alongside Alan Howard and other traders, before departing in 2012 to establish a family office and subsequently founding Rokos Capital Management. In March 2026, he pledged £190 million to the University of Cambridge to fund the Rokos School of Government, which opens in the autumn. Despite moving his primary tax status to Athens, Rokos will retain Tottenham House, a 200-room Wiltshire estate that underwent a £175 million restoration.