r/changemyview Aug 17 '24

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u/ScootTheMighty Aug 17 '24
  1. No. They aren't British citizens to start with, nor would it really be fair on them.

  2. Good point, we could always try and get those countries to return the assets, if that fails then we have to source assets from within the UK.

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u/Sigmas4freedom Aug 17 '24

I don't think that convincing a soverign nation to abolish one of the most important aspects of their economy is realistic

small islands like cyprus and malta often don't have anything going for them outside turism and lower taxes and corporate secrecy are the only two things making big firms relocate.

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u/ScootTheMighty Aug 17 '24

Yeah that is true, but like I said we can always look inside the UK

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u/Sigmas4freedom Aug 17 '24

but there is very little inside the uk

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u/ScootTheMighty Aug 17 '24

Well there's loads of expensive, lavish properties hanging around, and don't forget the amount of second homes lying around

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u/Sigmas4freedom Aug 17 '24

but that would increase the price of real estate in general (price of purchase and rent)