As tax, regulatory and immigration regimes continue to shift across the UK and North America, internationally mobile families are reassessing where they live, invest and structure their wealth. This session will examine how political and fiscal developments in the United States are contributing to outbound migration among high-net-worth individuals, including the practical implications of exit tax regimes and cross-border restructuring. The discussion will also consider recent UK reforms, the factors driving both emigration and inbound relocation, and the broader impact these trends are having on the movement of private wealth, family offices and internationally connected entrepreneurs.