Fleeing the Wealth Tax Wealthy French Take Their Assets to London

During the election campaign, French President François Hollande threatened to slap an income tax rate of 75 percent on high earners. Since then, wealthy French have been looking for ways to get themselves and their money out of the country. And nowhere looks more attractive than millionaire-friendly London.
Property for sale in London: Wealthy French are interested in buying homes in Britain.

Property for sale in London: Wealthy French are interested in buying homes in Britain.

Foto: Matt Dunham/ AP