Sometimes you need to “Shout!”

Sometimes you have to tell it as it is.

You need to ask and answer the questions. The big questions.

“Why does www.teamplc.co.uk do what it does?”

"Why do clients choose TEAM?"

“Why will TEAM Plc create shareholder growth and value?”?

“Why are TEAM so focused on markets outside the UK?”

(Only London Stock Exchange listed company to do so)

Britain has seen a significant exodus of the wealthy following Brexit and recent tax reforms.

According to Henley & Partners’ “Private Wealth Migration Report 2024,” Britain will lose 9,500 millionaires this year, more than double the previous year and nearly seven times the number in 2022. www.henleyglobal.com?

Next brutal fact.

Over the past decade, British millionaires have dropped by 8%. Since Brexit, Britain has struggled to attract global wealth.

Britain is second only to China for high-net-worth outflows.

But it’s not just the British and Chinese on the move.

In 2024, a record 128,000 millionaires will relocate, up from 120,000 in 2023 and 110,000 pre-pandemic in 2019. (Henley & Partners)

So where are they going?

Because they are going to need financial advice and offshore services, including asset and cash management, life insurance, tax and retirement planning, estate planning, mortgages and loans, property ownership advice, trusts and or foundations, currency exchange, and and and….

That’s what TEAM does.

Wealthy Brits and other nationalities are flocking to the UAE and Singapore. And other favourable tax and investor-friendly regulation “Safe Haven 8’s”

These "Expats" or individuals living outside their native country are moving abroad temporarily or permanently for tax, work, lifestyle, retirement, or other reasons.?

This year, Singapore will gain 3,500 millionaires while the UAE welcomes 6,700.

The UAE now boasts 20 billionaires and 116,500 millionaires.

The UAE's lure?

No income, capital gains, or inheritance taxes.

The golden visa program offers a 10-year renewable residence for a GBP500,000 property investment.

The UAE is rolling out the red carpet for the wealthy.

Up and coming are Saudi Arabia, Malta, Mauritius, Monaco, Spain, France and New Zealand.

All of them are projected to see net inflows of over 200 millionaires each in 2024.

Even Italy has seen a jump in migratory high net worth individuals.

Italy's Residency by Investment Program gives you?Italian residence?and access to the Schengen Area. You can live and work in Italy and travel visa-free in the EU.?

New tax residents in Italy can choose favourable tax regimes, such as a 50% break for executives and a EUR 100,000 flat tax on foreign income.

Pensioners can potentially benefit from a flat 7% tax rate.

The wealthy are all going where www.teamplc.co.uk and subsidiaries www.concentric.je and www.nebaprivateclients.com with treasury management services www.jcap.co.uk are.

And will be.

I call them “TEAM castles.”

All focused on delivering strong, regulated financial services for global clients and locals.

Emphasising continuity and expertise, ensuring strong client-advisor relationships spanning borders and regulatory environments.

“Why will TEAM Plc create shareholder value?”

These castles have moats which are getting deeper and wider.

They are growing in value, just on a replacement cost basis. Let alone availability as jurisdictions tighten regulations and law.

The growth?

More castles and more advisers. Recruitment. More clients.

The “tail wind.”

Clients have more disposable income. And there will more of them.

Clients have strong relationships with their financial advisor and appreciate continuity in financial planning and investment strategies. By being part of a network (castles), the advisor can maintain these relationships even if they move locations or switch firms within the network. Either client or advisor.

Clients have the security of being part of a London Stock Exchange listed "castle."

For recruitment, few alternatives have the spread of network and none are listed. That transparency, governance and security.

Advisors can allow for seamless transitions and comprehensive financial planning.

And if they move again, we have it covered. Another “TEAM castle.”

We follow our clients. We are open architecture.

Jersey

Nairobi

South Africa

Dubai

Abu Dhabi

Singapore

Kuala Lumpur?

And coming soon

Guernsey

Cayman Islands

Europe

But there are the other “Safe Haven 8s”?

Australia, Switzerland, New Zealand, Malta, Monaco, and Mauritius.

Why not?

Follow the money!

Follow the clients!

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