- European countries like Germany, Norway and Belgium are increasing exit taxes to retain wealthy residents and collect revenue on unrealised capital gains.
- These taxes, levied on individuals leaving with significant assets (e.g., over €500,000 in Germany), face criticism for taxing unsold assets and can deter relocation.
- Some wealthy individuals are relocating to countries with lower taxes, such as Switzerland and Italy, but these nations may also face pressure to increase levies.
DB2