ah yes, suppose one doesn't need a passport when one is dead
ah yes, suppose one doesn't need a passport when one is dead
Wealthy Democrats are racing to snap up multi-million pound boltholes in London in the wake of Donald Trump’s US election win.
Mr Trump’s election triumph this week has sparked a flurry of interest from ultra-wealthy Americans who want to buy prime UK property as a “safety net” because they disagree with the president-elect’s rhetoric, buying agents report.
Becky Fatemi, executive partner at Sotheby’s International Realty, said she received five calls in two days from wealthy Americans who want to move as an immediate reaction to the US election result. “That’s people saying, ‘he’s here, and he’s here for the next four years, and I don’t want to be, so these are the dates that we’re flying over’. All of those five are coming here within the next week,” Ms Fatemi said.
For instance, Ms Fatemi is working with a family who arrived from the US on Thursday, just a day after the election result was announced, and are staying in an Airbnb while they look for a rental property with a budget of up to £70,000 per month. The parents are also looking for schools for their three children to start at in January.
In the past two months, enquiries to her team from American buyers looking in the UK have jumped by 30pc year on year, Ms Fatemi said.
London ‘safe haven’
Marco Previero, director at R3Location, a removals business, said wealthy Americans feel London is a safe haven that is “more aligned to Democratic values” because of the Labour government. Mr Previero said: “London has always been seen as a safe haven, but really even more so now with a more stable government that leans to the Left.” . .
>Wealthy Democrats are racing to snap up multi-million pound boltholes in London in the wake of Donald Trump’s US election win.
>Mr Trump’s election triumph this week has sparked a flurry of interest from ultra-wealthy Americans who want to buy prime UK property as a “safety net” because they disagree with the president-elect’s rhetoric, buying agents report.
>Becky Fatemi, executive partner at Sotheby’s International Realty, said she received five calls in two days from wealthy Americans who want to move as an immediate reaction to the US election result.
“That’s people saying, ‘he’s here, and he’s here for the next four years, and I don’t want to be, so these are the dates that we’re flying over’. All of those five are coming here within the next week,” Ms Fatemi said.
>For instance, Ms Fatemi is working with a family who arrived from the US on Thursday, just a day after the election result was announced, and are staying in an Airbnb while they look for a rental property with a budget of up to £70,000 per month. The parents are also looking for schools for their three children to start at in January.
>In the past two months, enquiries to her team from American buyers looking in the UK have jumped by 30pc year on year, Ms Fatemi said.
>London ‘safe haven’
>Marco Previero, director at R3Location, a removals business, said wealthy Americans feel London is a safe haven that is “more aligned to Democratic values” because of the Labour government.
Mr Previero said: “London has always been seen as a safe haven, but really even more so now with a more stable government that leans to the Left.”
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[Source](https://www.telegraph.co.uk/business/2024/11/10/rich-democrats-race-to-buy-london-boltholes-after-trump-win/)
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