European governments struggle to stop rich people from fleeing
W hen a government falls apart, pay attention to the laws ministers still manage to pass. Germany’s collapsing “traffic-light” coalition was unable to agree on climate policy or a budget, but it flashed green for one change: an exit tax. Since January 1st anyone with over €500,000 ($520,000) in investment funds has had to pay income tax on gains earned in Germany if they wish to extract their money from the country.
Usually. But the bigger problem is that they harm economic growth and innovation
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https://www.economist.com/finance-and-economics/2025/01/23/european-governments-struggle-to-stop-rich-people-from-fleeing
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