Map reveals 10 countries rich Brits are fleeing to before Rachel Reeves grabs their money

A shocking new map has revealed the most popular destinations chosen by Brits fleeing the country before announces a potential tax grab by the end of the year.

More than 6,000 will leave before 2025, culminating in an exodus of 9,500 high-net-worth individuals, according to the latest research.

A study by investment advisory firm found nearly 70 percent of those who plan to leave will relocate in Europe. The research was collected over a nine-month period alongside wealth intelligence firm New World Wealth.

These 68 percent Italy, Malta, Greece, Portugal, Switzerland, Monaco, Cyprus, France, Spain and the Netherlands.

Within the total of nearly 10,000 of Britain's wealthiest, there are 10 billionaires and 85 centi-millionaires - those with a net worth of over £100m.

Andrew Amoils, from New World Wealth, said: "The businesses they start up have a significant positive spillover effect on the middle class as they create large numbers of well-paying jobs in their base country."

Stuart Wakeling, from Henley & Partners, said: "It's clear that next year's increase in tax for non-domiciled individuals, announced by the previous Conservative government in March, prompted people to start considering leaving.

on UK nationals when they realised that capital gains and inheritance tax were the last ones remaining that could possibly be changed and make a difference to the Budget shortfall."

Outside of Europe, other popular destinations for the country's wealthies individuals were found to be the United Arab Emirates, which will see over 800, the United states (720), Australasia (300), and the Caribbean (250).

This comes as Reeves plans to scrap the which has historically given tax exemptions on income and assets of UK residents that are living in other countries.

Getting rid of the regime will cost £6.5bn and 23,000 jobs in the next six years, according to the think tanki the Adam Smith Institute.

On top of this, there are concerns over a hike in inheritance and capital gains tax that are expected to be on October 30, where the Chancellor needs to fill a "black hole" of around £40bn.

A government spokesman said: "We are addressing unfairness in the tax system so we can raise the revenue to rebuild our public services.

"That is why we are removing the outdated non-dom tax regime and replacing it with a new internationally competitive residence-based regime focused on attracting the best talent and