Formula One's Lewis Hamilton is following a long line of wealthy Britons who are taking advantage of the tax havens abroad. Research reveals that the tax stimulus is pushing one in twenty prospective overseas property buyers to follow suit. * Properties for sale in Switzerland -- could Lewis Hamilton choose one of these? The Bahamas offer a complete tax haven for Brits looking to safe-guard their nest egg, with no income tax, no capital gains tax and no inheritance tax. Cape Verde also offers an escape from income tax and 0% IHT for family members inheriting an estate. Closer to home, people moving permanently to Cyprus can take advantage of no inheritance tax and low local authority taxes. A report published last year by the Institute for Public Policy Research showed that Britain has more people living abroad than almost any other country. The top 10 countries where Brits live, together accounting for around 75 per cent of all Brits living abroad, are: * Australia 1.3 million, equivalent to 2 per cent of UK population * Spain 760,000 * USA 680,000 * Canada 600,000 * Ireland 290,000 * New Zealand 215,000 * South Africa 212,000 * France 200,000 * Germany 115,000 * Cyprus 59,000 See the BBC's Brits Abroad homepage
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Uniquely unique? The Yorkshire grain silos transformed into a home that's a symphony in glass, steel and curvesAmid the beautiful countryside of North Yorkshire, on the edge of the Castle Howard Estate, The Silos is a property for which the word 'house' simply doesn't cut it. And that's not the only way in which it's made us throw out the dictionary.
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Polluting water executives now face up to two years in prison, but will the new laws make much of a difference?The Government has announced that water company executives caught covering up illegal sewage spills could now be imprisoned for two years, under new laws — but many still have their doubts.
