💨 Abstract

Billionaire Magda Wierzycka, South Africa's wealthiest woman, may return to South Africa due to UK tax changes. These changes target non-domiciled residents and could impact her estate and investment strategies. Wierzycka, who relocated to London for safety concerns, now finds the UK unviable due to these tax implications. She highlights South Africa's restrictions on cash movement, affecting her ability to manage her global wealth.

Courtesy: Garrin Lambley