Why are there so many rich Middle Easterners and Indians in London?

In the circle of Arab princes, buying a house in London has become a new fashion.

In 1970s, the oil crisis of Opak added a fire to the market. At that time, many rich Arabs were concentrated in the so-called "Golden Triangle", namely Knightsbridge, Berg, levia and Meffer.

Importantly, this is mainly related to the British tax system: the British government taxes British citizens on a global scale, that is to say, no matter where the British earn money, they have to pay taxes to the British government when they come back; But if you are a foreigner, it doesn't matter. Only the money they spend here will be taxed by the British government.

In India, many people regard London's real estate market as a safe investment direction, and they all enjoy London's world-class service.

For these Indian elites, coming to London is a status symbol and can also bring rich contacts. These rich Indians come from different fields and cities. They never met in India, but they can get to know each other in London. Moreover, London is a foreign country after all, and these rich people need help more than when they were in India, so people who want to get to know them also have a chance-because the high taxi fare in London shocked Indian billionaires, anyone who sent a car when they first arrived will be very grateful.

Over the years, many Indian companies have invested heavily in Britain. For example, in 2008, Tata Group acquired Land Rover in a shocking way.