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Rich Democrats splash millions on London homes to escape America after Trump’s landslide victory
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Rich Democrats splash millions on London homes to escape America after Trump’s landslide victory

Wealthy Democrats began snapping up luxury homes in London to escape America following Donald Trump’s landslide election victory.

Buying agents have noticed a surge in interest from wealthy Americans looking to buy property in London as a ‘safety net’ for Trump’s return to the White House.

Becky Fatemi, managing partner of Sotheby’s International Realty, said she received five calls in just two days from wealthy Americans looking to move after the election.

‘People say ‘he’s here and he’s here for the next four years and I don’t want to be there, so these are the dates we’re going to fly through.’ Fatemi said that all five people will come here next week. Telegram weekend.

Marco Previero, director of corporate relocation company R3Location, said London was a desirable location for wealthy Democrats who felt it was ‘more aligned with Democratic values’ due to its left-leaning Labor government.

Rich Democrats splash millions on London homes to escape America after Trump’s landslide victory

Wealthy Democrats start buying luxury homes in London to escape America after Donald Trump’s landslide election victory

Becky Fatemi (pictured), managing partner of Sotheby's International Realty, said she received five calls in just two days from Americans looking to move after the election.

Becky Fatemi (pictured), managing partner of Sotheby’s International Realty, said she received five calls in just two days from Americans looking to move after the election.

According to Mr Previero, this made London a ‘safe haven’ for those unhappy with Trump’s election victory.

He added that R3 has seen twice as much demand in the past two months as Americans looking to buy in London look for a ‘safety net’ from the Trump presidency.

According to Mr Previero, 20 clients, each spending between £2 million and £20 million ($2.5 million to $25 million) on their second homes, have already inquired about R3’s services.

Ms Fatemi also said her team had received 30 per cent more inquiries from American buyers hoping to buy property in the UK in the last two months compared to the same period in 2023.

An American family arrived in the UK on Thursday, just a day after the election results were announced, he said.

The family are staying in an Airbnb while they look for a property to rent with a big budget of £70,000 ($90,000) and school starting in January for their three children.

Ms Fatemi said luxury rental properties were in particularly high demand as customers wanted to make quick passes across the lake and avoid the huge stamp duty bills foreigners incur after buying expensive property.

A foreigner buying a £10 million ($13 million) second home could face more than £1.8 million ($2.3 million) in tax, according to Chancellor Rachel Reeves’ budget, which added a 2 per cent extra to the home stamp duty surcharge. You may face a bill.

Will Watson, who runs buying agency The Buying Solution, said he was currently working with five different American families hoping to escape the political situation in the US by looking for a new home in London worth more than £10 million.

Marco Previero (pictured), director of corporate relocation company R3Location, said London was a desirable location for wealthy Democrats because they felt it was 'more aligned with Democratic values' due to the left-leaning Labor government.

Marco Previero (pictured), director of corporate relocation company R3Location, said London was a desirable location for wealthy Democrats because they felt it was ‘more aligned with Democratic values’ due to the left-leaning Labor government.

Mr Previero added that the R3 has seen twice as much demand in London in the past two months as Americans looking to buy it seek a 'safety net' from the Trump presidency.

Mr Previero added that R3 has seen double the demand in the past two months from Americans looking to buy in London as they seek a ‘safety net’ from the Trump presidency.

He also added that he had received six more inquiries from other families.

Mr Watson told the Telegraph: ‘Trump is the final straw. Americans say, “You know what? I couldn’t stand one more of his conditions.”

This comes after a number of American celebrities vowed to leave the US if Trump wins. A number of stars have chosen the US over the UK in recent months due to the political climate, abortion rights and fears of gun violence.

Actress Minnie Driver, 54, told The Times of London in July that she was returning to the UK after living in Los Angeles for nearly three decades.

And at that time, he announced that he would have difficulty returning to America if Trump was re-elected.

‘If I lived in a red (Republican) state, no, I wouldn’t (couldn’t) return,’ he said. ‘But living in California you’re somewhat isolated.

‘But do you want to go live in a bubble? ‘Do you run away from the fire or do you go back and help?’

British star Sophie Turner, 28, told Harper’s Bazaar last month that she realized she needed to ‘get the hell out’ of America because of gun violence and the overturning of Roe v Wade.

The Game of Thrones alum was living in the states with Joe Jonas and their two children, Willa and Delphine. He returned to his native England following their acrimonious separation last year.

Others, including Ryan Gosling and Eva Mendes, have quit jobs for the benefit of their children in recent months, while others such as Hugh Jackman and Renee Zellweger are reportedly considering relocating.