Hedge-fund billionaire Chris Rokos plans to shift tax residency from UK to Greece

Chris Rokos, the billionaire founder and chief investment officer of Rokos Capital Management, is preparing to leave the United Kingdom and register his tax residency in Athens. The decision aligns with Greece’s alternative tax regime that offers qualifying high-net-worth residents a €100,000 flat tax on foreign income for up to 15 years, provided certain investment conditions are met. Rokos, whose fund manages roughly $22 billion and paid himself about £477 million last year, is moving after the UK abolished its long-standing non-domiciled tax treatment and amid speculation of further tax increases.

Greece’s program joins similar incentives in Italy, the United Arab Emirates and Switzerland, which have already attracted other British ultra-wealthy figures such as Lakshmi Mittal, Nassef Sawiris and Richard Gnodde. Establishing an office in Athens would give Rokos Capital Management a stronger operational presence in Greece, enhancing the city’s emerging status as a hub for international finance. Rokos, also known for a £190 million donation to the University of Cambridge and restoration projects in Wiltshire, declined to comment on the reported move.