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  • Probably for some assets but not property (if you don't pay the state seizes and sells it). If the only thing it did was reduce the value of UK property a bit then it would be worthwhile if you ask me.

  • You can already live in a UK property that is bought with untaxed funds from an offshore company/vehicle. You'd need to close that loophole first.

  • You can and you have to pay Council Tax but it is a trivial amount if you have a multimillion pound home. Make it a proportion of the value of the home and you change things.

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